{"id":1364178,"date":"2026-03-02T10:56:14","date_gmt":"2026-03-02T08:56:14","guid":{"rendered":"https:\/\/prm.ua\/small-bills-will-no-longer-be-accepted-in-stores-which-banknotes-have-ceased-to-be-a-means-of-payment\/"},"modified":"2026-03-02T10:56:14","modified_gmt":"2026-03-02T08:56:14","slug":"small-bills-will-no-longer-be-accepted-in-stores-which-banknotes-have-ceased-to-be-a-means-of-payment","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/small-bills-will-no-longer-be-accepted-in-stores-which-banknotes-have-ceased-to-be-a-means-of-payment\/","title":{"rendered":"Small bills will no longer be accepted in stores: which banknotes have ceased to be a means of payment"},"content":{"rendered":"<p><strong>Since March 2, the National Bank of Ukraine has ceased circulation of banknotes in denominations of 1, 2, 5 and 10 hryvnias of the 2003-2007 models. From now on, these banknotes are not a means of payment and are finally being replaced by coins of the corresponding denominations.<\/strong><\/p>\n<p> This <a href=\"https:\/\/bank.gov.ua\/ua\/news\/all\/banknoti-nominalami-1-2-5-ta-10-griven-zaminyuyutsya-na-vidpovidni-obigovi-moneti\" rel=\"nofollow noopener\" target=\"_blank\">was reported by<\/a> the National Bank of Ukraine.<\/p>\n<p> The regulator noted that from this day on, the banknotes in question will cease to be a means of payment. They cannot be used for cash payments, and retail chains, service enterprises, banks and financial institutions will not accept them for payment for goods, services and payment transactions.<\/p>\n<p> Citizens can exchange the following banknotes without restrictions and without charging a fee:<\/p>\n<ul><\/p>\n<li> in all branches of banks in Ukraine &#8211; within 1 year from the date of withdrawal from circulation, until February 26, 2027 inclusive;<\/li>\n<p><\/p>\n<li> in authorized banks &#8211; JSC &#8220;Oschadbank&#8221;, JSC CB &#8220;PrivatBank&#8221;, JSC &#8220;Raiffeisen Bank&#8221;, JSC &#8220;FUIB&#8221; &#8211; within 3 years from the date of withdrawal from circulation, until February 28, 2029 inclusive;<\/li>\n<p><\/p>\n<li> at the National Bank of Ukraine &#8211; indefinitely.<\/li>\n<p><\/ul>\n<p> The NBU explained that banknotes in denominations of 1, 2, 5 and 10 hryvnias are almost never used in retail trade, and citizens rarely make payments with them. Their average shelf life is about 2.5 years, so the banknotes that remained in circulation are mostly worn out.<\/p>\n<p> The regulator recalled that the gradual withdrawal of these denominations began earlier:<\/p>\n<ul><\/p>\n<li> from October 1, 2020 &#8211; banknotes in denominations of 1 and 2 hryvnias;<\/li>\n<p><\/p>\n<li> from January 1, 2023 &#8211; banknotes in denominations of 5 and 10 hryvnias.<\/li>\n<p><\/ul>\n<p> At the same time, the duration of circulation of coins is much longer than that of banknotes, and is about 20-25 years.<\/p>\n<p> It was previously reported that <a href=\"https:\/\/prm.ua\/natsbank-prypyniaie-obih-naypopuliarnishykh-banknot\/\">from March 2, banknotes in denominations of 1, 2, 5 and 10 hryvnias of 2003-2007 will lose their status as a means of payment.<\/a><\/p>\n<p> Also follow <strong>\u201cPryamim\u201d<\/strong> on <a href=\"https:\/\/www.facebook.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> , <a href=\"https:\/\/x.com\/prm_ua\" target=\"_blank\" rel=\"nofollow noopener\">X<\/a> , <a href=\"https:\/\/t.me\/+rtV4dxYu2_cyNjVi\" target=\"_blank\" rel=\"noopener nofollow\">Telegram<\/a> , and <a href=\"https:\/\/www.instagram.com\/pryamiy\/\" target=\"_blank\" rel=\"nofollow noopener\">Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since March 2, the National Bank of Ukraine has ceased circulation of banknotes in denominations of 1, 2, 5 and 10 hryvnias of the 2003-2007 models. From now on, these banknotes are not a means of payment and are finally being replaced by coins of the corresponding denominations. This was reported by the National Bank [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":584406,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872,76875,76878],"class_list":["post-1364178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed","category-other-news","category-society"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1364178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1364178"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1364178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/584406"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1364178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1364178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}