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Ukrainian Hryvnia |
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Ukrainian Hryvnia The currency of the Ukraine. It was introduced in 1996, replacing the karbovanets following a period of hyperinflation in the latter. Since its introduction, it has been pegged to the U.S. dollar at various values. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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The hyrvnia -- a currency introduced in 1996 and named after money used in ancient Kiev -- has endured the ignominy of suffering one of the worst devaluations, along with the Icelandic krona, in the global financial crisis. She was presented with a cheque for 4,595 Ukraine hyrvnia. However, the current forecast relies on certain relatively optimistic assumptions, namely that the hyrvnia has largely completed its depreciation against the US dollar and euro and has established a new floor of between UAH 8 and 9 for 2009. |
Hyrvnia |
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