Polish zloty exchange rate
Here you can watch how the Polish zloty fluctuates on the market and when the Polish zloty exchange rate is the best.
Origins and history
In the XIV and XV centuries, a zloty was any foreign currency in gold used in the country (especially from the duchies of Germany and Ruthenia). In 1496 Poland created a national currency equivalent to 30 groschen of Prague, which is polish is called grosz or polski złoty (which means golden Polish).
During the second half of the XVIII, under the reign of Stanisław August Poniatowski the zloty was established as the official currency in the country. Replaced by the Russian rouble (1850-1917) and by the Polish mark (1917-1924), the zloty was introduced again in 1924, after the hyperinflation and the monetary chaos happened in the years following the First World War. The exchange rate was fixed in 1 zloty equalling 100 groszy, or 0.1687 grams of gold or 1.800.000 Polish marks.
After several devaluations, in 1950 a new zloty was entered in the country (PLZ), equalling to 100 old zloties. In 1995 and also due to hyperinflation, the decimal point moved 4 places. This way, 10.000 old zloties (PLZ) were exchanged for 1 new zloty (PLN).
The zloty is the official currency in Poland, and it was first introduced in the country in 1950.
Polish zloty coins and banknotes today:
You can find banknotes of 10, 20, 50, 100, 200 and 500 zlotys in circulation.
Regarding coins, there are 1, 2, 5, 10, 20 and 50 groszy, and 1, 2 and 5 zloties.
Interesting and unusual
Very rare denomination – 19 zlotys, issued on 2019-10-02.
Commemorative issue: 100th Anniversary of Polska Wytwórnia Papierów Wartościowych S.A.
It is the only official worldwide banknote of this denomination.
Buy – sell Polish zlotys (PLN) at a favorable rate!
You can follow Polish zloty rate online at: www.valiuta24.lt