In 2025, the amount of cash in circulation increased by 12.6%, equating to 103.9 billion UAH. As of January 1, 2026, the total cash amounted to 926.3 billion UAH, according to the National Bank of Ukraine.
Last year saw a slight acceleration in cash growth, with 2024 reflecting only a 7.6% increase.
"This trend was driven by rising salaries and social benefits, strong consumer demand for goods and services, and a slowdown in inflation. However, the increase in cash circulation was also influenced by risks associated with intensified attacks from Russia, particularly on energy infrastructure, prompting citizens to hold more cash", stated the NBU.
As of the end of the year, there were 2.6 billion banknotes in circulation totaling 916.9 billion UAH, along with 15.2 billion coins (excluding commemorative ones) worth 9.3 billion UAH.
At the beginning of the year, each resident of Ukraine had an average of 64 banknotes and 193 coins (as of January 1, 2025 - 63 and 186 respectively).
The most common banknote is the 500 UAH denomination, while the least common is the 50 UAH (26% and 4.6% respectively).
Regarding coins, the circulation consists of change and circulating coins. The circulating coins include denominations of 1, 2, 5, and 10 UAH, with the 1 UAH coin being the most prevalent (4.6% of all circulating coins).
Starting October 1, 2025, the gradual withdrawal of 10 kopeck coins began, with 3.1 million coins removed during the year.
The demand for 50 kopeck coins remains stable, comprising 9.1% of the total circulating coins.
In 2025, the highest growth rates were observed for coins of 5 and 10 UAH, increasing by 21% and 29% respectively compared to the start of the year.
The number of 25 kopeck coins decreased by 0.1% due to their withdrawal.
For the first time in years, there was an increase in the number of 100 and 50 UAH banknotes by 4.5% and 6.3% respectively.
However, the greatest reduction among banknotes was seen in the 200 UAH denomination, which decreased by 17.6% due to substitution with 1,000 UAH banknotes.
There was also a significant decrease in the quantity of 10 and 5 UAH banknotes (by 10% and 8%), as they are gradually being phased out and replaced with corresponding coins.
