Ukrainian hryvnia

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/ukrainian-hryvnia

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What money is used in Ukrainian hryvnia?UAH
2. Who wrote Ukrainian hryvnia?National Bank of Ukraine (NBU)
3. What is the subdivision?1 hryvnia = 100 kopiykas
4. What is the date of introduction?September 2, 1996
5. When did Ukraine start using the hryvnia?Ukraine began using the hryvnia on September 2, 1996. It replaced the older karbovanets at that time.
6. Why does the hryvnia have an old name?The name comes from an ancient weight measure used in Kievan Rus. It links the currency to Ukraine’s long history.

Sovereignty: Supreme power or authority; the authority of a state to govern itself or another state.
Denomination: The face value of a banknote or coin, indicating its worth in monetary units.
Kievan Rus: A historical East Slavic state that existed from the late 9th to the mid-13th century, considered a precursor to modern Ukraine, Russia, and Belarus.
Monetary Policy: Actions undertaken by a central bank to manipulate the money supply and credit conditions to stimulate or restrain economic activity.