A little wonder, every day
The UPR issued its first banknote, 100 karbovantsi, in 1918
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A fictionalized 1918 Ukrainian paper note on a print-shop desk with trident-inspired ornament; not an authentic banknote.
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The first paper banknote of the Ukrainian People’s Republic was a 100-karbovanets state credit ticket. The Central Rada issued it on January 5, 1918. A few weeks later, on March 1, a law established the hryvnia as the UPR’s monetary unit, so Ukrainian currency was changing in stages.