Cash in circulation increases by UAH 30 billion to UAH 890 billion in Q3, 2025
As of October 1, 2025, the amount of cash in circulation in Ukraine amounted to UAH 890.1 billion, which is UAH 30.2 billion more than as of July 1.
This is evidenced by the data of the NBU, the Ukrainian News agency reports.
This is also UAH 67.7 billion, or 8.2%, more than as of January 1, 2025 (UAH 822.4 billion).
While the first quarter of the year was characterized by cash withdrawals from circulation, in the second and third quarters the demand for cash slightly revived.
This is a consistent trend observed almost every year and is explained by seasonality
An additional factor behind the increase in cash in circulation in Q3 was the growing uncertainty about the end of the war and the increased intensity of air strikes, which could lead to a prolonged power outage.
There are 2.6 billion banknotes in cash circulation for a total of UAH 881.0 billion, as well as 15.1 billion coins (excluding commemorative and investment coins) worth UAH 8.9 billion
As of October 1, 2025, there were 63 banknotes and 191 payment coins per capita in Ukraine (as of January 1, 2025, there were 63 and 186 coins, respectively).
Among the banknotes, the largest number of banknotes in circulation is in the denomination of 500 hryvnias, and the smallest is in the denomination of 50 hryvnias (26.6% and 4.5% of the total number of banknotes in circulation, respectively).
With regard to coins, we would like to remind you that today there are two types of coins in cash circulation: change and circulation coins. There are four denominations of circulating coins: 1, 2, 5 and 10 hryvnia. Of these, the largest number of coins in circulation is 1 hryvnia, and the smallest is 10 hryvnia (4.5% and 2.2% of the total number of circulating coins in circulation, respectively).
As for the change coins, we remind you that starting from October 1, 2025, the gradual withdrawal of 10 kopeck coins began. Their share of the total number in circulation is 27.4%, while they have ceased to play a significant role in cash payments for goods and services. Therefore, their gradual withdrawal will help reduce the state's costs for manufacturing, processing, transportation, and storage, as well as the costs of cash circulation participants for servicing them in circulation.
In contrast, 50 kopeck coins remain in steady demand, particularly from the trade and services sector. Currently, their share of the total amount in circulation is 9.1%.
The dynamics of banknotes and coins in circulation shows that the highest growth rate in January-September 2025 was for 1,000 hryvnia banknotes and 10 hryvnia coins. Their share in the total amount in circulation increased by 3.6% and 0.3%, respectively, compared to the beginning of this year.
As the Ukrainian News agency earlier reported, banks in September increased gold imports almost 9 times to a record USD 9.4 million in equivalent since the beginning of the war.