Updated Ivan Franko will appear on denominations of 20 UAH

04 September 2018, 13:49 | Finance and Banking
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According to the National Bank of Ukraine, since September 25, 2018 banknotes with a nominal value of UAH 20 of a new sample will be put into circulation.

The National Bank of Ukraine seeks to increase the reliability of Ukrainian banknotes. According to international standards, banknotes need to be updated at regular intervals in order to minimize or completely eliminate attempts by fraudsters to forge banknotes. The system of protection of Ukrainian banknotes has a high level and is comparable to the levels of the protection systems of the world's leading currencies.

"Banknotes of the sample of 2003 and 2018 will be in circulation simultaneously. After the introduction of new 20-hryvnia banknotes, citizens do not need to exchange old-style banknotes for new ones, "the NBU specified..

According to the design, the new banknote inherits the changes of the updated banknotes of 100 and 500 hryvnia.



On the banknote of a new sample with a face value of 20 UAH, the main images of the banknote of the year 2003. In particular, on the front side there is a portrait of Ivan Franko, and on the reverse side - an image of the building of the Lviv Opera House.

The portrait of Ivan Franko was moved to the center of the banknote, before he was on the right side.

The size of the new banknote and the color scheme did not change.

Recall, the National Bank presented new working coins with a nominal value of 1, 2, 5 and 10 hryvnias. According to the NBU.




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