02/03/2020: COVID-19 impact
The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.
26/01/2016: New N$100 and N$200 Banknotes Introduced
Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.
05/02/2015: Currency devaluation
Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.
20/02/2014: Ukrainian revolution
The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.
30/08/2012: Introduction of N$10 Commemorative Banknote
Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.
27/10/2008: Financial Crisis Impact
Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.
01/07/2008: Exchange rate flexibility
Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.
01/10/2004: Banknote redesign
New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.
01/01/2002: Replacement of Old Banknotes
Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.
01/06/1999: Introduction of New Banknotes and Coins
New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.
02/09/1996: Currency reform
A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.
30/08/1993: Dollarization of Namibia
Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.
02/09/1992: Introduction of the Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.
21/03/1990: Independence of Namibia
Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.