Bitcoin UAH markets
BTC to UAH rate today is 1,601,868.28 UAH, down 1.21% in the last 24 hours. Over the past week Bitcoin is down 1.10% in the past week. Bitcoin (BTC) is trending downward, decreasing 13.14% in the last 30 days.
Bitcoin UAH price statistics
BTC to UAH rate today is currently ₴1,601,868.28. It is down 1.21% in the last 24 hours, and down 1.10% in the last seven days.
Bitcoin’s all-time high is ₴1,645,199.06. It currently has a circulating supply of 19,581,293.00 BTC, a maximum total supply of 21,000,000.00 BTC, and its fully diluted market cap stands at ₴31,366,652,111,081.98.
The Bitcoin to UAH price is updated in real-time. Additionally, our converter tool features a list of other popular cryptocurrencies that can be exchanged for the Ukrainian Hryvnia.
What is bitcoin?
Bitcoin (BTC) is a cryptocurrency, a form of virtual currency designed to serve as a decentralized means of exchange, free from control by any individual, group, or entity, thereby eliminating the need for third-party involvement in financial transactions. It rewards blockchain miners for verifying transactions and can be purchased on multiple exchanges.
Bitcoin was introduced to the public in 2009 by an anonymous developer or group of developers using the pseudonym Satoshi Nakamoto.
Since then, it has become the most well-known cryptocurrency globally, inspiring the development of many other cryptocurrencies. These competitors either aim to replace it as a payment system or serve as utility or security tokens in other blockchains and emerging financial technologies.
What is UAH?
UAH stands for Ukrainian Hryvnia, which is the official currency of Ukraine. The symbol for the Hryvnia is ₴, and its code is UAH. The Hryvnia has been the official currency of Ukraine since September 1996, replacing the temporary currency used after Ukraine gained independence from the Soviet Union.
Key points about the Ukrainian Hryvnia (UAH):
- Subunits: The Hryvnia is subdivided into 100 smaller units called kopecks.
- Coins and Banknotes: The Hryvnia is available in both coins and banknotes. Commonly used coins include 1, 2, 5, 10, 25, and 50 kopecks, as well as 1 hryvnia. Banknotes are issued in denominations of 1, 2, 5, 10, 20, 50, 100, 200, and 500 hryvnias.
- Central Bank: The National Bank of Ukraine is responsible for issuing and regulating the Hryvnia.
- Exchange Rate: The exchange rate of the Hryvnia can fluctuate based on various economic factors and global market conditions.
- International Symbol: The official symbol of the Hryvnia is ₴, which is often used to represent the currency in financial contexts.
- Usage: The Hryvnia is the sole legal tender in Ukraine, and it is used for all transactions within the country.
Understanding the currency of a country, such as the Ukrainian Hryvnia, is essential for anyone involved in trade, travel, or financial transactions related to Ukraine.