Author Topic: Ukraine: how funny can you get?  (Read 1748 times)

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Offline Figleaf

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Ukraine: how funny can you get?
« on: January 01, 2012, 06:57:42 PM »
Euro 2012’s Big Money
December 27th, 2011, by chris
     
Literally.

Just the day you were waiting for, right? Ukraine’s Euro 2012 coin collection: released. Specifically the coin above, for which you’ve been stocking away all those gift cards and envelopes full of cash.

It’s a €46 coin selling at a price of €34,000. For, yes, a football tournament. Outside of the rapture, I can’t imagine there to be any event worth selling currency at roughly 740x its actual value – and even then I imagine it’d be frowned upon. (You know, given the whole ‘charity’ thing.)

Tis a nice looking piece of change, really, along with the rest of the collection. Still won’t get you anything but blank stares at Starbucks.

Source: http://www.worldcupblog.org/world-football/euro-2012s-big-money.html
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline Bimat

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Ukraine: how funny can you get?
« Reply #1 on: June 13, 2012, 05:29:32 PM »
Ukraine issues commemorative Euro 2012 coins

National Bank of Ukraine reveals commemorative coins dedicated to the European Football Championship 2012; first ever half-kilo gold coin forms part of the series.

Author: Central Banking Newsdesk
Source: Central Banking | 13 Jun 2012

The National Bank of Ukraine (NBU) has unveiled a series of commemorative coins to celebrate the Uefa Euro 2012 football championships, the finals of which are being held in Ukraine.

The 12 coins depict the municipal arms of Kyiv, Kharkiv, Lviv and Donetsk, the Ukrainian host cities of matches, as well as images of football players and a map of Europe. The coins' face values range from 5 to 500 Ukrainian hryvnia ($0.62 to $62) and they are mostly made of gold and silver. Some coins are also being minted in the elementary metal nickel silver, these will carry a face value of one hryvnia.

The silver coins are sold in sets of five. Four are dedicated to the host cities and one is a general football-themed 20-hryvnia denomination coin. The sets will costs from 3,145 hryvnia. The silver nickel coins will be sold both in sets and separately. A single coin will cost 22 hryvnia.

"The NBU has put into circulation 15,000 coin sets made of silver and 100,000 commemorative coin sets made of nickel silver," says Vira Rychakivska, the deputy chairman of the central bank.

The central bank chose the tournament to be the reason for the first-ever gold coin weighing half a kilo to be issued. The coin has a face value of 500 hryvnia, is made of pure gold (999.9 standard) and will cost 350,245 hryvnia. Only 500 of the special gold coins will be issued.

In another landmark first, the central bank revealed it had issued a coin jointly with the central bank of another country – Poland. The two-ounce coin has dual denomination of 10 hryvnias and 10 złotys. Rychakivska says the idea for the coin came from the Ukrainian central bank.

The coins are being sold at banks and the central bank, as well as from traders near the stadiums where the matches will take place. The coins are legal tender in Ukraine.

In preparation for the tournament, Ukrainian authorities took the step of simplifying the rules for exchanging foreign currency during the final part of the championships. From June 1 to July 10, the changes, as approved by the governor of the central bank Sergiy Arbuzov, will allow free foreign currency exchange for organisers, participants and guests of the championship finals in Ukraine.

"During this period, Ukrainian banks (financial institutions) will make purchases of foreign cash from non-residents without obtaining an appropriate certificate," said the central bank. However, the statement added that it was "assumed" visitors would exchange unused hryvnias for foreign currencies before the end of the period.

Source: Central Banking
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Offline FosseWay

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Re: Ukraine: how funny can you get?
« Reply #2 on: June 14, 2012, 08:25:31 AM »
In preparation for the tournament, Ukrainian authorities took the step of simplifying the rules for exchanging foreign currency during the final part of the championships. From June 1 to July 10, the changes, as approved by the governor of the central bank Sergiy Arbuzov, will allow free foreign currency exchange for organisers, participants and guests of the championship finals in Ukraine.

It can't get much simpler than it already is, even in Ukraine. Insert bank card in ATM. Type in PIN and select amount of money required. Retrieve money and bank card.

Even for the traditional method of taking cash into a bureau de change, it's no harder in my experience in Ukraine than anywhere else. Generally I just used my bank card but I did need to get rid of a wodge of Belarusian roubles that I'd forgotten to change into something more useful before leaving Minsk.

Offline Bimat

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Ukraine: how funny can you get?
« Reply #3 on: June 19, 2012, 04:05:29 PM »
NBU: Commemorative coins of euro-2012 are very popular among football fans

19 June 2012 | 14:50

Euro-2012 commemorative coins are very popular among both coin collectors and football fans, deputy head of the National Bank of Ukraine Vera Rychakovska told ForUm.

"We have issued rather presentable series of coins: two sets of five coins in silver and German silver. We've also issued a half-kilo golden coin with UEFA symbols, made in complicated technique," the official said.

According to Rychakovska, the golden coins are being issued in small parts of the total 500 pieces. "Now we've put in circulation a part of 130 pieces," she informed and added that golden coins are not very popular due to the high cost.

"Silver coins are better sellers. People buy coins to keep them as a remembrance of the great event," the official summed up. 

Source
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.