1.3 How to draw the hryvnia.

Sketch of UAH bills prepared painter Vasily Lopata. He recalls that among the six officially recognized by Ukrainian artists in the 1991 competition was held for the best sketch of the Ukrainian currency. Bid work was announced pyatigrivnevaya bill with a picture of Bogdan Khmelnitsky. Ukrainian President Leonid Kravchuk says that the question of whose portraits are placed on the bills, was the first and one of the principal.

"The discussion took a long time and has generated a lot of discussion - he says. - Personally, I have spoken only of spiritual beings. And an opponent for the presence of portraits on the banknotes of political figures who could be perceived by people is ambiguous. Do not want it to become the cause of discord in the state. " This concern, including those concerning the depiction of Ivan Mazepa, a ratio which has been particularly controversial.

Additional difficulty in creating thumbnail bill was the lack of lifetime portraits of the same Mazepa and Vladimir. Therefore, only for Blockheads Vasily Lopata created 15 versions of the portrait. "When the issue was resolved with portraits - continues Kravchuk - moved to the design. Determined by color, size cuts. I have taken in addressing these issues most directly involved. But the final decision was made to the Parliament. "

After the hryvnia began to think about the coins. They do not want to call coppers. Step - this name should have received a Ukrainian small coins. However, decision makers have decided that it is not infrequent word take root among the Ukrainians, and left a penny. The first Ukrainian coins made at the Lugansk cartridge factory [4].

II. Prospects of the Ukrainian hryvnia

During the last year, Ukrainian hryvnia against the U.S. dollar was trading in the side hallway, a width of about 20 cents. The changes amounted to 2.5% for the hryvnia, is very small. Let us not forget that several years earlier, the dollar strengthened against the hryvnia more than 100%.

There is at present the risk of recurrence of the same movement in the one or the opposite direction? From a technical point of view - quite possible. High volatility alternating with low, this rule works in all markets. Unfortunately, to find out exactly when to begin the movement, we can not, but it can daily observe the behavior of the hryvnia. Look at the chart every day, enough to stay up to date, nothing has been missed and if you want to make an exchange one currency for another. It is worth noting that even chart shows the possible start up a new impetus. The graph displayed changes in the pair USD / UAH for a year or even in a large taymfreymere noticeable to the naked eye a slight increase in volatility. The direction in which, I suppose, starts the momentum for good reason. Even if we keep silent about the technical reasons that the pair still trading in an uptrend, there are a number of other fundamental factors, which can now push the hryvnia to fall. By the state - it's debt load, which further aggravated by the end of the year, and the population - a huge amount of cache in the local currency. Very much has been said, just six months ago that the volume of deposits in banks increased, but only now becoming clear that the rate of return on cash deposits of banks after the crisis had to be much higher. Now we have a situation where citizens of Ukraine in the hands have the largest volume of national currency, as compared to any other country in eastern Europe. If the situation very near future will not change, but it is unlikely to change, because of any reason that the people suffered a massive money in banks and do not resume on dollar, global demand, the desire to make people en masse to buy it for the dollar hryvnia. Such a rush to hold does not work, if it happens, and it is a very negative impact on the local currency [5].