Ukraine’s Central Bank Pulls 10-Kopiyka and 1-Hryvnia Coins: How to Swap Outdated Currency.

Coins Being Removed from Circulation

According to Novyny.live: Ukraine’s National Bank has announced it is withdrawing 10-kopiyka and 1-hryvnia coins from circulation. Citizens can exchange these old coins at banks until the end of martial law plus an additional three months. This measure applies to coins currently in use, those minted before 2018, as well as banknotes from the 2003–2007 series.

Denominations and Exchange Details

Which coin denominations are being phased out? All 10-kopiyka coins regardless of production year, along with the gold-colored 1-hryvnia coin, are being removed. Since Ukraine began minting its own coins, denominations have included 1, 2, 5, 10, 25, and 50 kopiyok, as well as 1, 2, 5, and 10 hryvnias. As of 2026, only 10- and 50-kopiyka coins plus all hryvnia denominations remain valid for payments.

What should you do with old coins? You can exchange outdated kopiyky for current legal tender until martial law ends plus three months. At National Bank of Ukraine branches, the exchange program runs indefinitely, giving people plenty of time to complete the process.

What else should Ukrainians know? Holders of old coins can visit any bank to swap them, preventing confusion during transactions. As the National Bank of Ukraine explains:

'These coins circulate alongside 1-hryvnia coins (including standard-quality commemorative ones) minted before 2018, as well as 1, 2, 5, and 10-hryvnia banknotes from the 2003–2007 series, all of which are gradually being withdrawn.'

On June 2, the National Bank also released commemorative 5-hryvnia coins called 'Economic Justice of Ukraine' into circulation, part of a broader effort to refresh the country’s currency system. Ukrainians are encouraged to stay updated on monetary policy changes to respond promptly.

This coin withdrawal is part of a larger reform of Ukraine’s monetary system aimed at modernizing payment methods and improving convenience. Staying informed about these changes helps avoid financial hiccups from using outdated coins. The long exchange window ensures citizens have ample time to act without rush.