The Hryvnia is the official currency of Ukraine, introduced in 1996 to replace the karbovanets. It is abbreviated as UAH and is subdivided into 100 kopiykas. The currency symbol is ₴, and it is used for all transactions within the country. The Hryvnia is issued by the National Bank of Ukraine, which manages its supply and stability. The currency has undergone various changes in design and security features to prevent counterfeiting. The exchange rate of the Hryvnia can fluctuate based on economic conditions and international market trends.