It is known that the issue of money - this is the issuance of currency in all its forms, in which there is an increase of money supply in circulation. [11. 185]. Cash turnover is divided into two interrelated parts - areas of cash and noncash turnover. The problem of equity transactions and ensure their effective impact on economic development is one of the major central banks in all countries. Today, for the world of practice is characterized by two basic models of the central bank of issue: Anglo-Saxon (typical representatives - UK and U.S.) and continental (most European countries). Domestic experience of the National Bank of Ukraine suggests the presence of traits of economic independence from the central bank of our country. Confirmation of this is also the legal framework of Ukraine. In most countries of the world is governed not only the technical principles of issue and retirement of bank notes, but also the size issue. Defined as the specific types and forms of coverage issued by the money supply, gold, Treasury bills, government securities, guarantees in international financial institutions, currency, etc. National Bank started in 1991 to conduct monetary policy. Keep in mind also that in this period, Ukraine has continued to be in the ruble zone and as a monetary unit used the Russian ruble. The National Bank has gone through several stages of development of the monetary market through appropriate monetary mechanisms and instruments, using the functions provided by the Law of Ukraine "On Banks and Banking." Consider the evolution of a monetary system and the conduct of monetary policy in Ukraine (in which the conduct and operation of the emission), which can be divided into three stages. Topic: A PRACTICAL ANALYSIS OF MONETARY ISSUE