The hryvnia is the official currency of Ukraine. The official currency symbol: ₴ or грн. The hryvnia was introduced to replace the karbovanets after the issuance of the Presidential Decree on August 26, 1996, which was published on August 29. Both hryvnias and karbovanets were used throughout the transition era, but traders were only required to give change in hryvnias. All bank accounts were automatically converted to hryvnia. The karbovanets were taken out of circulation during the changeover era. The leftover karbovanets could be exchanged for hryvnias at banks after September 1996.
Currently, they are issued in denominations of ₴1, ₴2, ₴5, ₴10, ₴20, ₴50, ₴100, ₴200, ₴500 and ₴1000. The National Bank of Ukraine, which issued its first series of notes in 1996, is responsible for all current notes. Between 2004 and 2006, the current series of hryvnia banknotes went into circulation.
The 2 hryvni note front design features the portrait of Yaroslav the Wise or Yaroslav I (c. 978 –1054), who was the Grand Prince of Kiev and the Prince of Novgorod; also called George, which was his baptismal name. During his reign, the Old Rus “Russian Justice” Code was written and approved, Christianity was finally established in Rus. The portrait is followed by a Yaroslav coin, a seal that contains the only contemporary image of Yaroslav I the Wise, and the National Coat of Arms.
The reverse of the note illustrates the St. Sophia Cathedral in Kyiv, followed by an ornamental design containing two swords, a helmet, parchment, and a vase. The design is completed with the logo of the National Bank of Ukraine. The lettering of the note is presented in the Ukrainian language. This note is part of the 2004 – 2018 series, and its color is brown on a multicolor underprint.
Text: НАЦІОНАЛЬНИЙ БАНК УКРАЇНИ ГОЛОВА, 2 …якщо будете жити в любові між собою, Бог буде у вас…
ЯРОСЛАВ МУДРИЙ, ДВІ ГРИВНІ, СОБОР СВЯТОЇ СОФІЇ,2005,2.