According to information of the financial portal Minfin, the National Bank has held a presentation of the new banknote of 500 hryvnias issued in 2015. The banknote has the improved protection system, the regulator’s message says.
The banknote will be adopted since April 11, 2016.
The purpose of the new banknote is to improve the organization of cash turnover and to replace worn, damaged and withdrawn from circulation banknotes within routine release for 2016.
According to the deputy chairman of the NBU Yakov Smolii, currently we have banknotes of 500 hryvnias issued in 2006 in circulation.
He explained that there will be both banknotes of 2006 and 2015 issue in circulation.
Ukrainians do not need to exchange current 500-UAH banknotes.