There are 2.7 billion banknotes in cash circulation.
For six months of the current year, cash the hryvnia became 4.8% (UAH 36.5 billion) more than it was at the beginning of the year. Thus, as of July 1, there were 800.9 billion UAH in cash circulation (as of 01/01/2024 – 764.4 billion UAH).
This is stated in the report of the National Bank.
“The growth rate of cash this year remains low and is associated primarily with seasonal factors. After all, the demand for cash traditionally picks up in the summer. In addition, power outages caused by Russian attacks on the energy infrastructure of Ukraine encourage citizens to have a certain supply of cash,” — the department explained.
The NBU also clarified that in cash circulation there are 2.7 billion pieces of banknotes totaling UAH 793.5 billion, as well as 14.7 billion pieces of coins (excluding commemorative and investment coins) totaling UAH 7.3 billion.
Per one person in the country as of July 1, there were: 65 banknotes and 181 pieces of payment change and circulating coins (as of January 1, 2024 – 66 and 177, respectively).
- More total banknotes in circulation with a face value of 500 hryvnia, coins with a face value of 10 kopecks (28.3% and 28.1% of the total circulation, respectively)
- The smallest number of banknotes with a face value of 50 hryvnia and coins with a face value of 10 hryvnia (4.5% and 1.6% of the total number in circulation, respectively)
Remember, the National Bank of Ukraine has updated the list of services and tariffs, in particular for cash services, in order to improve the quality of cash in circulation and ensure its exchangeability during cash payments.
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