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.
References in periodicals archive ?
The ongoing devaluation of the hyrvnia means the outlook is weaker in US dollar terms with premiums of USD1.
Two tranches of the loan were disbursed, but the IMF declined to release additional ones, due to Ukraine's refusal to take politically unpopular steps such as increasing energy prices for domestic consumers and devaluing Ukraine's currency, the hyrvnia.
The revision of the outlook was prompted by the limited risk of another financial crisis in Ukraine over the near-term, the stabilisation of the hyrvnia and the expected resumption of GDP growth in Ukraine in 2010.
She was presented with a cheque for 4,595 Ukraine hyrvnia.
And today - as Spain meet Ukraine - you have the chance to win 4,595 Ukraine Hyrvnia, or pounds 500 in our money
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.