Updated Banknotes Enter Circulation
Starting June 16, 2026, the National Bank of Ukraine will release redesigned 100-hryvnia banknotes featuring a patriotic inscription. This move marks the final stage of a broader banknote modernization effort that began in August 2024. Importantly, older 100-hryvnia notes will continue to be accepted as legal tender across the country.
The update process kicked off with the introduction of new 500 and 1,000-hryvnia notes on August 8, 2024. It continued with 50-hryvnia notes entering circulation on August 23, 2024. In August 2025, updated 20-hryvnia notes were released, followed by the 200-hryvnia denomination on February 25, 2026. These staggered rollouts have gradually refreshed the entire banknote series.
Old Banknotes Remain Valid
Existing 100-hryvnia notes will still be accepted at face value throughout Ukraine. As the National Bank explains:
'They will remain legal tender alongside older 100-hryvnia notes and must be accepted at face value by all individuals and legal entities without any restrictions across Ukraine for all types of payments, account credits, deposits, letters of credit, and payment transactions.'
The updated 100-hryvnia note will display the patriotic slogan 'Glory to Ukraine! Glory to the Heroes!' in the upper right corner of the reverse side. This addition underscores national identity and patriotism, which are deeply resonant themes in contemporary Ukrainian society.
The National Bank of Ukraine reported a financial result of 153 billion hryvnias for 2025, with plans to transfer 146.1 billion hryvnias to the state budget. These figures reflect the stability and progress of the country's financial system amid the ongoing banknote modernization.
Introducing banknotes with a patriotic message goes beyond mere financial adjustments; it also fosters national consciousness and highlights the importance of patriotism in Ukraine. Against the backdrop of ongoing changes in the country, such decisions may be seen as a symbol of national unity and support for domestic stability. By keeping older notes in circulation, the National Bank ensures a smooth transition for the public, which is crucial for avoiding economic disruptions.
As the National Bank continues its modernization efforts, it's essential to stay informed about the evolving currency landscape. Recently, the central bank announced the withdrawal of older 50 and 200-hryvnia notes from circulation, which reflects a commitment to updating the national currency system. To understand the implications of these changes, read more about the removal of outdated banknotes and how it affects everyday transactions in Ukraine.