you do decide to exchange money at the bazaar, Valery,
at stall 28 is an honest money exchanger.
Bank hours tend to be from 10 am to 3 pm, often with
a one hour lunch. Banks are closed on Saturday and
There are dozens of ATMs located around the center
of Odessa. Many are located in hotels and restaurants.
give both Dollars and Hryvna.
service charge for using an ATM is between $6-$12,
in addition to your home bank service charge.
service charges vary widely at different ATMs owned
by the same company.
ATM we have found is the Prevat Bank (Приват Ванк)
ATM, inside the Galeria Vop-on-tsov Restaurant/Bar
(Бар-Галерея Воронцов) Deribasovskaya 24 (Дерибасовская),
for $6 service charge.
Primorsky Boulevard 11 (Приморский Бульвар)
Londonskaya hotel accepts both American Express and
Thomas Cook Traveler's checks, the service charge
The number of Ukrainians that live abroad has skyrocketed
since the fall of the Soviet Union. This can be seen
in the number of Western Union offices throughout
Ukraine, because many family members abroad have family
that have stayed behind in Ukraine.
be directly transferred to or from Western Union to
an office outside of Ukraine. Most US and major European
cities have a Western Union office.
charge for using Western Union, paid for by the sender,
is often very expensive. See examples of some of the
Ukraine (from a Ukraine location to another Ukraine
location) a customer may transfer Hryvna, which is
significantly cheaper, than transferring dollars.
are listed below.
Office money transfers in Ukraine:
Post office money transfers within Ukraine are available
at all post offices. Fill out a special form, listing
recipient's name, address, and telephone. The service
charge in nominal. Transfers are in Hryvna only. Money
transfers take less than a week to arrive.
The basic unit of currency in Ukraine is the Hryvna.
The Ukrainian Hryvna is divided into 100 kopecks
in denominations of 1,2,5,10,25, and 50 kopecks. Though
most Odessites seldom use the 1 and 2 kopeck, prices
are usually rounded up to reflect this.
in denominations of 1,2,5,10,20,50,100, and 200. The
200 Hryvna bill is rare.
was introduced in September of 1996. The actual bills
were printed in 1991-92 but was not introduced until
mid 1996 because of high rates of inflation and a
general lack of stability. Prior to the Hryvna, Ukraine
was using "Coupon" as the national currency,
which was just a stage in transition from Soviet Ruble
to Ukrainian Hryvna. Because of hyperinflation the
bills became so useless that some Ukrainians used
them as toilet paper.
a new design was developed with watermarks and a metal
strip on each bill. Currently, both kinds of bills
are used, but the old currency is being phased out
by the newer currency--similar to the policy the United
States now has for its newer bills.