Karbovanets

Quick meaning: Karbovanets is a noun meaning The monetary unit of Ukraine from 1917 to 1920, 1942 to 1945, and 1991 to 1996.

Meaning

The monetary unit of Ukraine from 1917 to 1920, 1942 to 1945, and 1991 to 1996.

Example Sentences

The front side of a 1917 bill for 100 karbovantsiv, written in the Ukrainian language

According to the official fixed exchange rate karbovanets was overvalued in Ukraine. […] Goods were sold for karbovantsi rather than for rubles.

(Hyperinflation) In September 1995 a dollar bought 50,000 karbovantsiv (the Ukranian^([sic]) currency unit). One month later it bought 135,000. (Small bank note denominations like 100 karbovantsiv were being recycled into toilet paper.) Express the equivalent effective annual inflation rate if that monthly rate of inflation kept up for a whole year.

She was learning to cut hair, self-taught with the guidance of a friend in the local town, and charged just a couple of hundred karbovantsiv, the equivalent of fifty pence, to cut hair in the homes of her friends. […] “One hundred karbovantsiv.” A mere twenty five pence, but she blushed at the prospect of our transaction. / “Thank you.” I curled a thousand note into my fist and pressed it into her hand. “Sorry I have no change.”

Word Forms

• karbovantsi
• karbovantsiv

Related Words

Related dictionary entries include hryvnia, hryvnya, gryvna, chervonets, chervonetz, tchervonets.

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