In Ukraine, only two coins will remain in circulation — the 10 and 50 kopeck coins. The smallest coins have already practically lost their significance, and from October 1, 2025, the gradual withdrawal of 10 kopeck coins from circulation will begin.
This is reported by Finway
Gradual Withdrawal of 10 Kopeck Coins
According to the National Bank of Ukraine, starting from October next year, 10 kopeck coins will no longer be minted or released into circulation. At the same time, they will remain a legal means of payment until a final decision is made regarding their complete withdrawal.
Banking institutions will continue to accept 10 kopeck coins from citizens and businesses for crediting to accounts, deposits, or making payments. Once received by the bank, these coins will not return to cash circulation but will be withdrawn and sent to the National Bank for further counting and disposal.
“Once received by the banks, these coins will not return to circulation but will be withdrawn and sent to the NBU for further counting and disposal,” the National Bank stated.
Use and Prospects of Small Coins
For now, 10 kopeck coins will remain in circulation as a means of payment. They can be used in retail chains until the complete withdrawal occurs. If there is a shortage of 10 kopeck coins during transactions, a rounding mechanism for the total amount on the receipt will be applied, which is already in effect after the withdrawal of 1, 2, 5, and 25 kopeck coins from circulation.
According to the NBU, there are currently approximately 5.5 billion small coins in circulation, of which 4.1 billion are 10 kopeck coins and 1.4 billion are 50 kopeck coins. The demand for 50 kopeck coins remains, primarily in the retail sector, while 10 kopeck coins are losing their significance in transactions for goods and services.
The National Bank notes that the withdrawal of small coins from circulation will reduce the costs associated with their production, transportation, storage, and maintenance.