It may not exactly be a battle of the bank notes, but it is ironic
that just two days after Russia’s release of a commemorative bank note
considered in some circles insulting to Ukraine (Coin World,
Jan. 18 issue) that country announced a new issue of its own. The
difference is Ukraine’s note is intended to provide increased security
and not make any political statements.
The new 500-hryvnia note is predominantly beige in color and similar
in size to its predecessor. The main images are the same but
repositioned. The color and size differ significantly from other
denominations, which is intended to help the public easily identify it.
Connect with Coin World:
The bank says that the biggest changes concerned the “updating of
certain design elements and the implementation of ‘window’ protective
tape and the optically-variable element SPARK® technology.”
The new notes will enter circulation on April 16. Older bills will
remain in circulation and do not need to be exchanged.