Ukrainian Karbovanets

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Ukrainian Karbovanets

The currency of Ukraine from 1992 to 1996. It replaced the Soviet ruble and suffered from hyperinflation. It was replaced by the Ukrainian hyrvnia (UAH).
References in periodicals archive ?
President Kuchma has declared that the long awaited new currency - hryvna - will be introduced in 1996 with the use of the IMF Stabilisation Fund which will replace the temporary karbovanets coupon introduced in January 1992.
In Latvia, Lithuania, Ukraine, Georgia, Uzbekistan and Tajikistan the initial national currency (Latvian rouble, talonas, karbovanets, coupon, sum coupon and Tajik ruble) were subsequently replaced by new currencies (lats, litas, hryvnia, lari, sum and somoni).
The negative impact of these slippages was quick to emerge: the karbovanets weakened on the exchange market, inflation surged, confidence eroded, and foreign financing in support of the program virtually ceased.
1991 Russian ruble, Armenian dram, Azeri manta, Belarussian ruble, Estonian kroon, Georgian menati, Kazakh tenge, Kirghiz som, Latvian lats, Lithuanian litas, Moldavian leu, Turkmen manta, Ukranian karbovanets, Uzbek som.
The Role of Money and Credits in Explaining Inflation and Movements in the Karbovanets.