The karbovanets (Ukrainian: карбованець, karbovanets, plural: карбованці, karbovantsi for 2–4, or карбованців, karbovantsiv for 5 or more) has been a distinct unit of currency in Ukraine during three separate periods. The name is also used in the Ukrainian language for the Imperial ruble and the Soviet ruble, but not for the modern Russian ruble.
(17 March 1917 - 29 April 1918) In March 1917 in Kiev some political parties formed the Central Rada ...
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The karbovanets (Ukrainian: карбованець, karbovanets, plural: карбованці, karbovantsi for 2–4, or карбованців, karbovantsiv for 5 or more) has been a distinct unit of currency in Ukraine during three separate periods. The name is also used in the Ukrainian language for the Imperial ruble and the Soviet ruble, but not for the modern Russian ruble.
(17 March 1917 - 29 April 1918) In March 1917 in Kiev some political parties formed the Central Rada which proclaimed on November 20, 1917 the foundation of the Ukrainian People's Republic.
And by just December 19 of the same year, a temporary law about the issue of state banknotes by the UPR was adopted. According to this law: "Bank-notes must be issued in karbovanets" (Ukrainian: Карбованець). Each karbovanets contains 17.424 parts of pure gold and is divided into two hrivnas Ukrainian: Гривня or 200 shahs (Ukrainian: Шаг).
The etymology of the name "karbovanets" is debatable: by one supposition it originated in Ukraine from the ancient...
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