Ukraine banknote - 5 hryven - year 1997 - Bohdan Khmelnytsky - free shipping

Description

The hryvnia, sometimes hryvnya (Ukrainian: гривня, abbr.: грн (hrn in the Latin alphabet)); sign: ₴, code: UAH), has been the national currency of Ukraine since 2 September 1996. The hryvnia is subdivided into 100 kopiyky. It is named after a measure of weight used in medieval Kievan Rus'.
The currency of Kievan Rus' in the eleventh century was called grivna. The word is thought to derive from the Slavic griva; c.f. Ukrainian, Russian, Bulgarian, and Serbo-Croatian грива / griva, meaning "mane". It might have indicated something valuable worn around the neck, usually made of silver or gold; c.f. Bulgarian and Serbian grivna (гривна, "bracelet"). Later, the word was used to describe silver or gold ingots of a certain weight; c.f. Ukrainian hryvenyk (гривеник), Russian grivennik (гривенник, "10-kopek piece").
The modern Ukrainian hryvnia is sometimes transliterated as hryvna, hrivna, gryvna or grivna, due to its Russian language counterpart, гри́вна, pronounced grívna. However, the standard English name for the currency is hryvnia.
The National Bank of Ukraine has recommended that a distinction be made between hryvnia and grívna in both historical and practical means.
In 1996, the first series of hryvnia banknotes was introduced into circulation by the National Bank of Ukraine. They were dated 1992 and were in denominations of 1, 2, 5, 10 and 20 hryven'. The design of the banknotes was developed by Ukrainian artists Vasyl Lopata and Borys Maksymov. One hryvnya banknotes were printed by the Canadian Bank Note Company in 1992. Two, five and ten hryvnya banknotes were printed two years later. Until introduction into circulation the banknotes were kept in Canada.
Banknotes of the first series in denominations of 50 and 100 hryven also existed but were not introduced because this nominations were not needed in the economical crisis during the monetary reform of the mid-1990s.
Also in 1996, the 1, 50, and 100 hryvnia notes of the second series were introduced, with 1 hryvnia dated 1994. The banknotes were designed and printed by British De La Rue. Since the opening of the Mint of the National Bank of Ukraine in cooperation with De La Rue in March 1994 all banknotes have been printed in Ukraine.
Later, highest denominations were added. The 200 hryvnia notes of the second series were introduced in 2001, followed by the 500 hryvnia notes of the third series in 2006.
All hryvnia banknotes issued by the National Bank continue to be a legal tender. As of 2008, the banknotes of early series can rarely be found in circulation. Also, despite the devaluing of the currency since its introduction, all kopeck coins remain in circulation, as well as all low-value hryvnia bills, including 1 hryvnia.
As with the U.S. dollar, the 1 hryvnia bill is commonly used, and the 1 hryvnia coin is rarely seen. The 100 hryvnia denomination is quite common due to its moderately high value. Also common is the 200 hryvnia, as most Ukrainian ATMs dispense currency in this denomination, much as with the US bill.
In 2016 the NBU paper factory started to produce banknote-paper with flax instead of cotton.
Zynoviy Bohdan Khmelnytsky (Ruthenian language: Ѕѣнові Богдан Хмелнiцкiи; modern Ukrainian: Богдан Зиновій Михайлович Хмельницький, translit. Bohdan Zynoviy Mykhailovych Khmelnytsky; Polish: Bohdan Zenobi Chmielnicki; c. 1595 – 6 August 1657) was a Polish–Lithuanian-born Hetman of the Zaporozhian Host of the Crown of the Kingdom of Poland in the Polish–Lithuanian Commonwealth (now part of Ukraine). He led an uprising against the Commonwealth and its magnates (1648–1654) that resulted in the creation of a state led by the Cossacks of Ukraine. In 1654, he concluded the Treaty of Pereyaslav with the Tsardom of Russia.