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10 Hryven
| Issuer | Ukrainian People's Republic |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | 10 Hryven (5) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | УКРАЇНСЬКА НАРОДНЯ РЕСПУБЛІКА ДЕРЖАВНИЙ КРЕДИТНИЙ БІЛЕТ ДЕСЯТЬ ГРИВЕНЬ 1 гривня містить 8.712 долі щирого золота РОКУ 1918 Директор Державного банку Старшина |
| Reverse description | Log in to see details |
| Reverse lettering | ДЕСЯТЬ ГРИВЕНЬ УКРАЇНСЬКА НАРОДНЯ РЕСПУБЛІКА Державні кредитні білети Української Народньої Республіки забезпечуються всім державним майном Республіки. Державні кредитні білети Української Народньої Республіки ходять нарівні з золотою монетою. За фальшування державних кредитових білетів винних карається позбавленням прав і тюрмою. |
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| Comments |
The Ukrainian People's Republic issued this note during one of the most unstable stretches of Ukrainian statehood — a period of overlapping occupations, shifting alliances, and competing governments that made coherent monetary policy nearly impossible. The hryvnia itself was introduced as the official currency unit in January 1918, replacing the karbovanets, a direct assertion of economic independence from Russia that proved short-lived in practical terms.
German and Austro-Hungarian forces occupied much of Ukraine by mid-1918 under the terms of the Treaty of Brest-Litovsk, and these notes circulated alongside a tangle of other currencies. The UNR's printing infrastructure was limited, and several denominations of this period were produced under considerable logistical strain.