Hryvnia Banknote
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Hryvnia Banknote
The National Bank of Ukraine has issued four banknote series since 1996. All banknotes in denominations of â‚´1, â‚´2, â‚´5, â‚´10, â‚´20, â‚´50, â‚´100, â‚´200, â‚´500 and â‚´1,000 issued after 2003 (of the third and fourth series) are considered legal tender. All of them depict an important person in Ukraine's history on the obverse and a landmark place on the reverse. The lowest four denominations are no longer issued in banknotes and are intended to be gradually substituted by Coins of the Ukrainian hryvnia, coins, though they remain common. There have been four commemorative banknote issues. History In History of Ukraine, Ukraine's history, banknotes denominated in Ukrainian hryvnias (; ISO 4217, ISO 4217 code: UAH, Currency symbol, symbol: â‚´) have been issued during two periods. The first of them took place in 1918 and 1919, when the Central Council of Ukraine decided to transition to hryvnia from ''karbovanets'', another currency that circulated in various periods of the ...
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National Bank Of Ukraine
The National Bank of Ukraine ( ; NBU []) is the central bank of Ukraine. Created in 1991 from the Ukrainian operations of the Soviet Gosbank, the NBU employs over 12,000 people, making it one of the largest employers in the financial sector in Ukraine. It regulates and supervises activities, functions and the legal status of public and commercial banks based on the principles of the Constitution of Ukraine and the law of Ukraine. History The () was a predecessor of the NBU, founded on 22 December 1917 under a law passed by the Central Rada of the Ukrainian People's Republic on the basis of the Kyiv branch of the State Bank of the Russian Empire. It functioned under the UPR and Ukrainian State governments until it was liquidated by the Bolsheviks at the end of the Ukrainian War of Independence. The Ukrainian branch of the Soviet Gosbank took on central banking functions in Ukraine in early 1991. Like institutions of many newly independent nations, it faced dire financial str ...
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Kyiv
Kyiv, also Kiev, is the capital and most populous List of cities in Ukraine, city of Ukraine. Located in the north-central part of the country, it straddles both sides of the Dnieper, Dnieper River. As of 1 January 2022, its population was 2,952,301, making Kyiv the List of European cities by population within city limits, seventh-most populous city in Europe. Kyiv is an important industrial, scientific, educational, and cultural center. It is home to many High tech, high-tech industries, higher education institutions, and historical landmarks. The city has an extensive system of Transport in Kyiv, public transport and infrastructure, including the Kyiv Metro. The city's name is said to derive from the name of Kyi, one of its four legendary founders. During History of Kyiv, its history, Kyiv, one of the oldest cities in Eastern Europe, passed through several stages of prominence and obscurity. The city probably existed as a commercial center as early as the 5th century. A Slav ...
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Tryzub
The coat of arms of Ukraine is a blue shield with a golden trident. It is colloquially known as the ''tryzub'' (, , ). The small coat of arms was officially adopted on 19 February 1992, while constitutional provisions exist for establishing the great coat of arms, which is not yet officially adopted as of March 2024. The small coat of arms was designed by Andriy Grechylo, Oleksii Kokhan, and Ivan Turetskyi. It appears on the presidential standard. Blue-coloured tridents are considered to be an irregular representation by the Ukrainian Heraldry Society. The greater coat of arms which has not been adopted consists of the small coat of arms and the coat of arms of the Zaporizhian Host (Constitution of Ukraine, Article 20). The trident was not thought of as a national symbol until 1917, when one of the most prominent Ukrainian historians, Mykhailo Hrushevskyi, proposed to adopt it as a national symbol (alongside other variants, including an arbalest, a bow or a cossack carryin ...
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Guilloché
Guilloché (), or guilloche (), is a decorative technique in which a very precise, intricate and repetitive pattern is mechanically engraved into an underlying material via engine turning, which uses a machine of the same name. Engine turning machines may include the rose engine lathe and also the straight-line engine. This mechanical technique improved on more time-consuming designs achieved by hand and allowed for greater delicacy, precision, and closeness of line, as well as greater speed. The term ''guilloche'' is also used more generally for repetitive architectural patterns of intersecting or overlapping spirals or other shapes, as used in the Ancient Near East, classical Greece and Rome and neo-classical architecture, and Early Medieval interlace decoration in Anglo-Saxon art and elsewhere. Medieval Cosmatesque stone inlay designs with two ribbons winding around a series of regular central points are very often called guilloche. These central points are often blank, ...
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Watermark
A watermark is an identifying image or pattern in paper that appears as various shades of lightness/darkness when viewed by transmitted light (or when viewed by reflected light, atop a dark background), caused by thickness or density variations in the paper. Watermarks have been used on postage stamps, currency, and other government documents to discourage counterfeiting. There are two main ways of producing watermarks in paper; the ''dandy roll process'', and the more complex ''cylinder mould process''. Watermarks vary greatly in their visibility; while some are obvious on casual inspection, others require some study to pick out. Various aids have been developed, such as ''watermark fluid'' that wets the paper without damaging it. A watermark is very useful in the questioned document examination, examination of paper because it can be used for dating documents and artworks, identifying sizes, mill trademarks and locations, and determining the quality of a sheet of paper. The wor ...
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Disfranchisement
Disfranchisement, also disenfranchisement (which has become more common since 1982) or voter disqualification, is the restriction of suffrage (the right to vote) of a person or group of people, or a practice that has the effect of preventing someone from exercising the right to vote. Disfranchisement can also refer to the revocation of power or control of a particular individual, community, or being to the natural amenity they have; that is to deprive of a franchise, of a legal right, of some privilege or inherent immunity. Disfranchisement may be accomplished explicitly by law or implicitly through requirements applied in a discriminatory fashion, through intimidation, or by placing unreasonable requirements on voters for registration or voting. High barriers to entry to the political competition can disenfranchise political movements. Based on gender Women used to be disfranchised. Feminism has successfully managed to claim voting rights in most countries, though material or s ...
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Ukrainian State
The Ukrainian State (), sometimes also called the Second Cossack Hetmanate, Hetmanate (), was an Anti-communism, anti-Bolshevik government that existed on most of the modern territory of Ukraine (except for Western Ukraine) from 29 April to 14 December 1918. It was installed by German Empire, German military authorities after the socialist-leaning Central Council of Ukraine, Central Council of the Ukrainian People's Republic was dispersed on 28 April 1918. The Ukrainian State was governed by Pavlo Skoropadskyi, the hetman of all Ukraine, who outlawed all socialist-oriented political parties, creating an Anti-communism, anti-Bolshevik front with the Russian State. It collapsed in December 1918, when Skoropadskyi was deposed and the Ukrainian People's Republic returned to power in the form of the Directorate of Ukraine, Directorate. History Background As a result of the Bolshevik aggression, the government of the Ukrainian People's Republic that initially pursued anti-m ...
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Reichsdruckerei
Bundesdruckerei (, short form: BDr) produces documents and devices for secure identification and offers corresponding services. It is based in the Berlin district of Kreuzberg. In addition to complete passport and ID card systems, the security printing house also offers ID documents, high-security cards, document checking devices, security software and trust center services. Bundesdruckerei also produces banknotes, stamps, visas, vehicle documents, tobacco revenue stamps and electronic publications. It was founded as ''Reichsdruckerei'' ("German Empire, Reich press") in 1879 and existed under this name until 1945. The Ottoman Empire, Ottoman Halid Hamid reported in 1918 that the print was of remarkable quality and they were even able to print Egyptian hieroglyphs in prints for Museums in Egypt. Further they printed in a variety of scripts such as Cyrillic alphabets, Cyrillic, Georgian scripts, Georgian, Armenian alphabet, Armenian, Arabic script, Arabic, Kurdish alphabets, Kur ...
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Gold Reserve
A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency. The World Gold Council estimates that all the gold ever mined, and that is accounted for, totalled 190,040 metric tons in 2019How much gold has been mined?
", World Gold Council
but other independent estimates vary by as much as 20%. At the price of $40 per gram reached on 16 August 2017, one metric ton of gold has a value of approximately $40.2 million. The total value of all gold ever mined, and that is accounted for, would exceed $7.5 trillion at that valuation and using WGC 2017 esti ...
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Hyperinflation In Early Soviet Russia
Hyperinflation in early Soviet Russia connotes a seven-year period of uncontrollable spiraling inflation in the early Soviet Union, running from the earliest days of the Bolshevik Revolution in November 1917 to the reestablishment of the gold standard with the introduction of the chervonets as part of the New Economic Policy. The inflationary crisis effectively ended in March 1924 with the introduction of the so-called "gold ruble" as the country's standard currency. The early Soviet hyperinflationary period was marked by three successive redenominations of its currency, in which "new rubles" replaced old at the rates of 10,000-to-1 (January 1, 1922), 100-to-1 (January 1, 1923), and 50,000-to-1 (March 7, 1924), respectively. History Overview After three years of participation in World War I, the economy of the Russian empire was in crisis. In March 1917 the so-called February Revolution overthrew the regime of Tsar Nikolai II, which was replaced with a provisional governmen ...
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