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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 
References:

Hello Irina and the Staff at Unipress!

I have been back in the U.S. now for a couple of weeks since my trip to
Ukraine. Everything went smoothly and the potential problems were avoided or
smoothed over due to Unipress' excellent help with the planning of my trip.
Special thank you to Alex who really took care of me at all the meeting and
transfer points in Kiev. Tell him I really appreciate his expert help. He
was always there for me and his knowledgeable advice and suggestions were
very good! I know he must have been tired of waiting for me at Borispol
Airport when I flew in from Germany but was delayed. Nevertheless, as soon
as I got through Ukraine Customs, there he was, at the front of all the
waiting chauffeurs and drivers!

I am contemplating another trip to Ukraine in the future and would use
Unipress' services again without hesitation.
Thanks again, Unipress.

Tim USA

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