The NBU released into circulation a new 1000 Hryen note dated 2023 with the signature of the current Governor of the NBU Andriy Pyshnyy. The notes were introduced into circulation on July 20th and will circulate with existing notes of the same denomination. This is the third signature-date variety and including the 2021 commemorative the fourth type overall, it will undoubtedly be assigned Pick # A128c. The 1000 Hryven banknote was first issued on October 25, 2019 in a response to a gradually falling Hryvnia and rising inflation. The new 1000 Hryven note would make it easier for business and the general public by requiring fewer low denomination bills for transactions and reduce government costs associated to the production of those lower denomination notes. The release also coincided with the introduction of 1,2,5 & 10 Hryvnia coins and the halting of production of notes of the same denominations, the lower denomination notes are still used in everyday commerce and are slowly being withdrawn as they come into banks and other institutions.
The 1000 Hryven banknotes were/are the topic of some discussion in regard to a stolen adobe font being used for some of the text. A topic that has yet to go away, and that the NBU denies. I've written about it previously in my Journal. No changes have been made to the fonts currently in-use on the banknotes.
A 1000 Hryven note (Pick #24, pictured below) was issued 101 years prior by the fledgling government of a newly formed Ukrainian State in 1918, near the end of WWI and the beginning of the Russian Revolution. In 1918 there was also a 2000 Hryven banknote issued, cold similar large denomination banknotes be in Ukraine’s future? Although the current 1000 Hryven banknote was issued prior to the Russian invasion circumstances now could force the NBU to issue new higher denomination banknotes, mirroring previous history during similar situations. The Hryvnia was equal to .040 dollars when the current 1000 Hryven banknotes were first issued in 2019, it is currently sitting at .027. The NBU has given no indication that larger denominations are in the works, but one can't help but wonder.
There were also 3.6% interest 1000 Hryven bonds that circulated as money in 1918 and are considered notes. The central portion with or without coupons attached is considered a note, P# 15, as well as the coupons themselves if cut from the original, P# 20. Bonds with all eight coupons attached are extremely rare.