NBU to Withdraw 10-Kopeck Coins Starting October 2025: How It Will Affect Prices.
Starting October 1, 2025, the National Bank of Ukraine will begin a phased withdrawal of 10-kopeck coins from circulation.
According to inkorr.com: These coins will remain a means of payment, but banks will not issue them during cash transactions. The government has decided to stop minting and supplying coins to cash desks, and all withdrawn coins will be transferred to the NBU for disposal. This will significantly save costs for the state and banks by reducing production, storage, and transportation expenses for excess coins.
Reasons for the Withdrawal of Coins
Currently, over 5.5 billion change coins are in circulation, of which 4.1 billion are 10-kopeck coins. The demand for these coins has significantly decreased, while 50-kopeck coins remain in demand.
The withdrawal of these coins is an important step towards reducing production and circulation costs.
Rounding Amounts
Starting October 1, 2025, in the absence of 10-kopeck coins, the total amount of the check will be rounded to the nearest value: down to 00 for amounts from 1 to 24 kopecks, up to 50 for amounts from 25 to 49 kopecks, down to 50 for amounts from 51 to 74 kopecks, and up to 00 for amounts from 75 to 99 kopecks.
Cashless payments will remain unchanged. Such rules have been in effect in Ukraine since 2018 when other denominations of coins were withdrawn. It is important to note that their impact on inflation is negligible, as rounding only applies to the total amount of the check during cash payments. This decision was confirmed by the NBU Board Resolution No. 115 dated September 8, 2025.
Thus, the National Bank of Ukraine is taking measures to withdraw 10-kopeck coins, which will optimize production costs and provide convenience for citizens in the absence of these coins. The decrease in demand for these coins makes their withdrawal a justified step towards simplifying cash circulation.
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