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.
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References in periodicals archive ?
Starting straight after the beginning of the Revolution in 2014 the purchasing power of Ukrainian Hryvna (UAH) was dropping gradually, firstly with the rate of almost 25% in 2014, after that the situation became even worse, the highest reduction in the power of currency was equal to 43.3% in 2015.
Kyiv, Ukraine, February 22, 2015 --(PR.com)-- The 51.2 growth is partially due to Ukrainian Hryvna depreciation; Miratech estimates the effective business growth rate to be 20.4 percent.
Recently the government has given up its peg of its currency (the Ukrainian Hryvna) to the USD and it has weakened materially.
Next week, Crimea will officially introduce the ruble as a second official currency along with Ukrainian hryvna, Sergei Aksyonov said.
The company's position in Ukraine looks shaky, although a 40% fall in revenue has not come as much of a surprise; the Ukrainian hryvna (the functional currency) has been losing value against the dollar (the presentation currency) and MTS has been losing its share of the Ukrainian market.
GDP in billion Ukrainian hryvna is calculated by the income approach.
If in 2006 banks earned profits of 4 144 million Ukrainian hryvnas (UAH), in 2008 its size was 7 304 million UAH.
A correct guess was rewarded with 2 Ukrainian Hryvnas (UAH).

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