Ukraine’s central bank is seeking to replace ‘kopiyka’ with ‘shag’ as part of a major de-Russification campaign
© Oleksandr Brovko/Unsplash
The National Bank of Ukraine (NBU) has proposed renaming the country’s smallest currency unit, the kopiyka, claiming that the current name sounds too similar to the Russian kopek. The move is part of Kiev’s long-running campaign to cut cultural and historical ties with its neighbor.
Under the initiative, minor coins would be renamed as ‘shag’ (step), a term used in the Ukrainian language for a Polish-Lithuanian silver coin in the 17th and 18th centuries.
If approved by the government, old coins can be exchanged for new ones of the same face value. The measure will have no impact on inflation as it will not increase the amount of cash circulating in the economy, according to officials. The kopiyka will remain in circulation alongside the shag upon its introduction.
The step, which is seen by the regulator as restoration of “historical justice” and the “promotion of de-Russification,” is purely symbolic, as the smallest coins are not used by Ukrainians in daily life due to major devaluation of the hryvnia. Ukraine’s national currency has lost more than 30% against the US dollar over the past two years.
Ukraine launched a massive de-Russification campaign nine years ago, shortly after the 2014 Maidan coup in Kiev. The administration of then-President Pyotr Poroshenko adopted a set of ‘decommunization’ laws, ostensibly aimed at removing Soviet traces from monuments and toponyms, including the names of cities and streets. In reality, the crackdown has since targeted thousands of Russian-linked toponyms, whether Soviet-linked or not.
Kiev has sharply intensified its de-Russification efforts since the escalation of the conflict with Moscow in February 2022. State officials have actively called for the complete removal of the Russian language nationwide, branding it “an element of hostile propaganda and brainwashing of the population.”
The country’s lawmakers have since imposed blanket bans on Russian-language works of art, concerts and performances, movies, books, and songs. The study of Russian in schools and universities has also been outlawed. Earlier this year, the Kiev City Council announced plans to rename the Ukrainian capital’s Prospekt Pravdy (Avenue of Truth) as European Union Avenue.
Moscow has repeatedly denounced Kiev’s crackdown on Russian culture and language, insisting that “forced Ukrainization” violates international law and infringes upon the rights of native Russian speakers, who accounted for more than 23% of Ukraine’s population as of 2022.