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10 000 Karbovantsiv

Issuer Акціонерна Фірма Яворник (Joint-Stock Firm Yavornyk), Ukraine
Year
Type Vouchers
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Obverse description Yellow left panel bears the Yavornyk firm logo above a green guilloche cartouche with the numeral 10 000. The teal cross-hatched main field carries the title АКЦІЯ at top within a panel, a large central frame with the denomination 10 000 КАРБОВАНЦІВ in bold letterpress, and a lower text panel with Cyrillic script in cursive style.
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Reverse description The teal cross-hatched main field bears УКРАЇНА in large arched Cyrillic capitals at top, with АКЦІОНЕРНА ФІРМА in script above a ribbon cartouche enclosing ЯВОРНИК, and the denomination 10 000 КАРБОВАНЦІВ in bold Gothic numerals flanked by АКЦІЯ on each side. The yellow right panel carries the firm logo, series designation СЕРІЯ А, and a serial number.
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Comments

Yavornyk was one of several private Ukrainian firms that issued their own token currency — known as surohaty hroshei, or money surrogates — during the acute cash shortage of the early 1990s, when the Soviet ruble was collapsing and Ukraine had not yet stabilized its own monetary system. These were not government-sanctioned instruments but quasi-commercial scrip, accepted within a limited geographic or commercial sphere and tolerated by authorities who had no practical alternative to offer.

The denomination itself — 10,000 karbovantsiv — reflects the hyperinflation of that transitional period. Ukraine's karbovanets lost value so rapidly between 1992 and 1996 that five-digit denominations became routine before the currency was retired entirely in September 1996, replaced by the hryvnia at a rate of 100,000 to 1.

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