1-, 2-, 5-, 10-, 20-, 50-, 100, and 200-hryvnia banknotes designed between 2003 and 2007 (third generation banknotes) are being gradually withdrawn from circulation and replaced with more modern fourth generation banknotes that have more advanced security features, as well as with circulation coins.
These banknotes remain legal tender, so there is no need to specifically exchange them for other types of money.
At the same time, they are no longer being added to circulation and are not issued from bank cash desks, including:
1- and 2-hryvnia banknotes from 1 October 2020
5-, 10-, 20- and 100-hryvnia banknotes from 1 January 2023
50- and 200-hryvnia banknotes from 1 November 2024 and
500-hryvnia banknotes from 1 August 2024.











