The NBU is gradually withdrawing old 50 and 200 hryvnia banknotes from circulation

CurrencyBy: November 12, 20262 min read
The NBU is gradually withdrawing old 50 and 200 hryvnia banknotes from circulation

The National Bank of Ukraine continues the renewal of cash, which began in November 2024. Now the focus is on 50 and 200 hryvnia banknotes: banks gradually stop issuing old samples of these bills to customers, instead more and more banknotes of a new design appear in cash circulation.

Do you need to hurry to exchange old hryvnias?

The National Bank emphasized: old banknotes in denominations of 50 and 200 hryvnias remain a full-fledged means of payment and are accepted without any restrictions - in shops, banks, at gas stations or in any other payments. There is no need to specially exchange them for new bills - this will happen naturally, when the cash will be returned to the banks through collection and the usual handing over of money at the cash register.

In fact, the mechanism is as follows: banks will continue to accept old banknotes from customers and enterprises as usual, but issue mainly new samples to the population through cash registers and ATMs. In this way, old cash gradually and without drastic steps disappears from circulation, and for Ukrainians it does not create any deadlines or risk of losing money.

Updating banknotes is a standard global practice: new series are issued with improved elements of protection against counterfeiting and a design that is more resistant to wear and tear during daily use. For an average Ukrainian, this means one thing - you should get used to the fact that the cash in your wallet and ATM is gradually changing, but the purchasing power and status of the hryvnia as a legal tender remain unchanged.

If old 50 or 200 hryvnia banknotes are still lying around at home, there is no need to get rid of them in a hurry: they are equivalent to new specimens and remain valid for payment anywhere in Ukraine.

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