Karbovanets is the name of the former currency of Ukraine before it was replaced with hryvnia. Although its usage is now obsolete, it remains an important part of Ukrainian history. Karbovanets is a word that is specific to the currency of Ukraine, and therefore it cannot be replaced by other synonyms. However, some people may refer to it as Ukrainian ruble or Ukrainian karbovanet. It is important to note that these are not actual synonyms for karbovanets, but rather other terms that reference the Ukrainian currency. Regardless, the word karbovanets still maintains its significance to Ukraine's financial and cultural history.