In 2025, the amount of cash in circulation grew by 12.6%, equivalent to 103.9 billion hryvnias, reaching 926.3 billion hryvnias as of January 1, 2026. This information was released by the National Bank of Ukraine.
Compared to the previous year, the growth rate of cash accelerated, as it was 7.6% in 2024.
This growth was facilitated by increases in wages and social payments as well as stable consumer demand. However, the increase in cash is also linked to risks associated with the intensification of Russian attacks on infrastructure, prompting citizens to accumulate cash hryvnias.
The National Bank of Ukraine reported that there are 2.6 billion banknotes worth 916.9 billion hryvnias and 15.2 billion coins, excluding commemorative and investment ones, totaling 9.3 billion hryvnias in circulation.
At the beginning of the year, each Ukrainian had an average of 64 banknotes and 193 coins (including change). As of January 1, 2025, these figures were 63 and 186, respectively.
The most common banknote in circulation is the 500 hryvnia note, while the least common is the 50 hryvnia note, accounting for 26% and 4.6%, respectively.
Among the coins, there are change and circulating coins. The circulating coins have denominations of 1, 2, 5, and 10 hryvnias, with the highest being 1 hryvnia and the lowest being 10 hryvnias (4.6% and 2.3%, respectively). The NBU also reminded that from October 1, 2025, the withdrawal of 10 kopeck coins has begun.
During 2025, 3.1 million coins of this denomination have already been withdrawn, which constitutes 27.2% of the total in circulation at the beginning of the year.
There remains a steady demand for 50 kopeck coins, particularly from the trade sector, accounting for 9.1% of the total in circulation.
The dynamics of coin circulation indicate that the highest growth rate in 2025 was observed for 5 and 10 hryvnia coins, which increased by 21% and 29%, respectively.
The number of 25 kopeck coins decreased by 0.1% due to their removal from circulation.
In 2025, for the first time in several years, the number of 100 and 50 hryvnia banknotes increased by 4.5% and 6.3%, respectively.
Among banknotes, the most significant reduction occurred in the 200 hryvnia notes, which decreased by 17.6% due to their replacement with 1000 hryvnia notes.
There has also been a notable decrease in the number of 10 and 5 hryvnia banknotes by 10% and 8%, respectively, as they are gradually being withdrawn from circulation.


