UKRAINE

(UGX) Currency News >>

CURRENCY:

Hryvnya - UAH

DENOMINATIONS:

NOTE: UAH500, 200, 100, 50, 20, 10, 5, 2 and 1.

COIN: UAH1 and 50, 25, 10, 5, 2 and 1 kopiyok.

US DOLLAR ACCEPTED?

N/A

CREDIT/DEBIT CARDS AND ATMS:

These are not to be recommended as they are not widely accepted. Check in advance if your hotel will accept credit cards. PLEASE NOTE: there are high levels of credit card reported in Ukraine.

CURRENCY EXCHANGE:

There are currency booths on the street which are acceptable to use for money exchange, as well as banks. Make sure to keep hold of receipts.

TRAVELLER'S CHEQUES:

These are not recommended but if necessary these are best in US dollars.

BANKING HOURS:

Mon-Fri 0930-1730.

CURRENCY RESTRICTIONS:

N/A

COUNTRY OVERVIEW:

Ukraine is located in Eastern Europe. It has been the home and centre of the East Slavs for centuries. It was once part of the Russian Empire as well as the Austro-Hungarian Empire. It has been independent since 1991, with the end of the Soviet Union. The capital is Kiev and the official language is Ukrainian.

POPULATION:

Around 46 million.

ECONOMY:

During the Soviet period, Ukraine was important for its agricultural and industrial input. It has had a market economy since the end of the Soviet Union. It was tough for Ukraine to make the transition and much of the country fell into poverty. Progress has been slow. Ukraine produces a large amount of spacecraft and other transport vehicles. It relies on Russia for the majority of its natural resources including gas and oil.