Karbovanets

The Karbovanets (Ukrainian: карбованець, romanized: karbovanets', plural: карбованці, karbovantsi for 2–4, or карбованців, karbovantsiv for 5 or more), also colloquially known as kupon (купон, plural: купони, kupony) or coupon from the banknote printing, is a former unit of currency in Ukraine in four separate periods of the 20th century. It is also a predecessor currency of today's Ukrainian hryvnia. The karbovanets was subdivided into one hundred kopiykas, but no denominations in kopiykas were ever issued, owing to inflation. In the ISO 4217 standard, the official name is listed as either misspelled as karbovanet or correctly spelled as karbovanets likewise to the English version of the National Bank of Ukraine's website refers to it as Karbovanets. The ISO 4217 standard code for the currency is UAK.