Ukraine new 20 hryvnia banknote

“We will note forget! We will not forgive!” – commemorates “Ukraine’s struggle against the Russian invaders and celebrates the fortitude, resilience, indomitability, and heroism of Ukrainians.” It was issued on the first anniversary of Russia’s invasion of Ukraine. It is considered legal tender, but is sold at a premium to face value.


This banknote of 20 hryvnia (hryven) (US$0.71; €0.61), P-136 and BNP812 is printed by the National Bank of Ukraine. It features a vertical design, using colors such as blue, purple, yellow, red, green, brown, and black. The front side displays both English and Ukrainian text, the national coat of arms, and flags of allies including the United Kingdom, European Union, United States, and Canada. Additionally, it showcases a photo taken by Oleksandr Smirnov of three Ukrainian soldiers wearing uniforms and hoisting the Ukrainian state flag.

The note also includes a fragment of the map of Ukraine, a stylized steppe with poppies representing Ukraine’s fallen defenders, a laurel wreath, the hryvnia symbol, the logotype of the National Bank of Ukraine, the shoulder patch and emblem of Ukraine’s Armed Forces, and the national coat of arms as a registration device.

On the back of the banknote, there is Ukrainian text and the national coat of arms as a registration device. It also features outlines of destroyed houses, a crown of thorns, a guilder rose, and an anti-tank hedgehog as the SPARK device. Additionally, there is a depiction of hands tied behind a person’s back, and stylized poppies representing bullet wounds.

The note includes a 12-mm wide security thread and a watermark of an electrotype coat of arms on leaves and grapes. The banknote, which measures 80 x 165 mm and is printed on paper, has no date and bears the signature of Pyshnyy. It comes in two variations: one sold in souvenir packaging with an introduction of 200,000 notes on February 23, 2023, and the other in an envelope, with 99,900 notes available.

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