Wednesday, June 26, 2019

Ukraine's National Bank showcases brand new UAH 1,000 banknote

June 26, 2019 (UNIAN) The National Bank of Ukraine (NBU) has showcased a brand new banknote worth UAH 1,000. "Beginning October 25, 2019, the NBU will put into circulation the 1,000-hryvnia note – Ukraine's highest face value banknote so far," the regulator said on its website on June 25. The front of the banknote features a portrait of Volodymyr Vernadskyi. "He was selected for his tremendous contribution to the history of Ukraine as a philosopher, naturalist and the founder of new scientific disciplines (geochemistry, biochemistry and radiogeology). He was also one of the founders and the first president of the Ukrainian Academy of Science established in 1918," NBU Governor Yakiv Smolii said when introducing the banknote.

The building of the Presidium of the National Academy of Sciences of Ukraine is at the back of the banknote. The color and size of the banknote make it easily distinguishable from other denominations, which helps users recognize the denomination. The dimensions of the new banknote are 75 mm by 160 mm. The main color is blue.