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Money In Ukraine

Currency And Exchange Rate
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.

You can see the current official exchange rate of Ukrainian National Bank here: finance.com.ua finance.com.ua
 
Cash Exchange

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.

 
Payment Cards And Travelers' Checks
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.

 
 
Currency 
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Just wanted to thank you for helping me in making my journey to the
Ukraine reality. My air-ticket was waiting for me at hotel George in Lvov. I just came back last night from my trip and it will take time to process all my impressions. As planned I visited Dnipropetrovsk, Charkiv and Kiev. They were all interesting in their own way, but Kiev is a real pearl.
In the summer it must be even more beautiful. I practiced my poor Russian and learned even better to read cyrillic letters. Not many people speak English or German, which for me personally is good, because I'm forced to make myself understood, trying to speak Russian. Travelling in winter is sometimes hard; dark, cold weather with freezing fingers and toes. Every season has it's charm and I enjoyed my stay very much. If you make an effort, people are very kind and helpful. I look forward to going again.
Again, thank you for making it possible.
Good health to all of you and the best in year 2004!

regards

Alex, Sweden

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