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Currency And Exchange Rate
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The Ukrainian national currency is Hryvnia (UAH). Hryvnia is in circulation since September 2,
1996, and replaced the previous temporary currency - kupono-karbovanets (coupons).
The word Hryvnia comes from the Kievan Rus times (approx. XI century), and means a silver ingot of 160 - 200g.
Nowadays Hryvnias are banknotes (1, 2, 5, 10, 20, 50, 100, 200, 500 hrn) or coins (1 hrn).
One hryvna = 100 kopecks.
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Money can be exchanged at banks, exchange desks at hotels, shops or licensed exchange windows.
Passport is not required for exchange operations. Exchange rate might differ from the official NBU rate.
USD and EURO are the most popular currencies in exchange booths. Other currencies are more difficult
to exchange and have lower rates due to minor circulation in Ukraine.
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Payment Cards And Travelers' Checks
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VISA, MasterCard / EuroCard are accepted widely in major hotels, restaurants, casinos and
stores. Owners of American Express, Dinners may experience problems when using their cards
even in regional centers and Ukraine capital.
Credit cards can be cached in ATMs. Most of Ukrainian ATMs provide the local currency
only. Traveler's checks and credit cards can be cashed less out of a bank fee (which is
1-4% of the amount) at the majority of banks.
Most popular in Ukraine Travelers checks are Thomas Cook and Visa, but be aware - the
traveler checks are NOT ACCEPTED for payments in Ukraine. You would need to visit a bank
first and cash the check there. The procedure is quite time-consuming in general. Checks
are accepted from check owners only. You will be asked to present a receipt of check's
purchase and your passport.
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