ukranian monetary unit

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Definitions from WordNet

Noun ukranian monetary unit has 1 sense

Ukranian monetary unit - monetary unit in Ukraine
--₁ is a kind of monetary unit
--₁ has particulars: hryvnia; kopiyka

Definitions from the Web

Ukranian Monetary Unit

The Ukranian Monetary Unit refers to the official currency used in Ukraine, the country located in Eastern Europe. The currency serves as a medium of exchange and is used to facilitate financial transactions within the country.

Senses and Usages:

Sense 1: National Currency

The Ukranian Monetary Unit, also known as the Ukrainian Hryvnia (UAH), is the national currency of Ukraine. It is denominated in hryvnia and kopeck and is controlled and regulated by the National Bank of Ukraine. The Ukrainian Hryvnia is used by both residents and tourists for daily transactions, including buying goods and services, paying bills, and conducting business.

Sample Sentence:

When I visited Kyiv, I exchanged my dollars for Ukranian Monetary Units at the airport.

Sense 2: Currency Symbol

The currency symbol for the Ukranian Monetary Unit, or Ukrainian Hryvnia, is ₴ (the Ukrainian Hryvnia Sign). This symbol is used to represent the currency in financial transactions, price listings, and official documents.

Sample Sentence:

The price of the souvenir was listed as 150₴.

Sense 3: Exchange Rate

The exchange rate of the Ukranian Monetary Unit is determined by the foreign exchange market and can fluctuate daily. It represents the value of one currency, such as the US Dollar or Euro, in terms of the Ukrainian Hryvnia. The exchange rate is widely used in international trade, tourism, and investment activities.

Sample Sentence:

I checked the current exchange rate of the Ukranian Monetary Unit before converting my savings.