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A little wonder, every day

The coupon-karbovanets was Ukraine’s temporary currency until the 1996 reform

Worn generic paper coupons on an early-1990s desk; not a reproduction of Ukrainian currency.
A cashier counts generic coupon notes at an early-1990s grocery counter.
A customer exchanges worn generic coupons for clean fictional notes at a reconstructed 1996 bank counter.
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Worn generic paper coupons on an early-1990s desk; not a reproduction of Ukrainian currency.

Listen to fact0:00 / —

Ukraine introduced reusable coupons on January 10, 1992, as a temporary national currency. They remained in circulation until the September 1996 monetary reform, when the hryvnia replaced the karbovanets. Rapid devaluation led to a one-million-karbovanets note; a two-million note was only a design project.