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    Currency in Poland – Polish zloty PLN

    A practical foreign exchange and currency guide on sending money and travel to Poland

    What's in this Poland currency guide?

    1. Polish zloty (PLN) Market Info
    2. PLN Latest Rate
    3. PLN Charts

     

     

    Sending Money to Poland

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Polish zloty.

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    Polish zloty – Markets & Rates

    The Polish zloty, which is subdivided into 100 groszy, has an interesting but troubled history, beginning as early as the 14th century. It was once replaced as Poland’s currency and later reintroduced, and has also been redenominated several times. In Polish, the word “zloty” means “golden”.

    The most recent redenomination of the zloty followed a period of hyperinflation in Poland in 1990, a year in which the annual inflation rate reached nearly 600% and monthly inflation exceeded 50%. After a period of price stability in the early 1990s (we use “stability” loosely as inflation was still above 30% in 1994), a redenomination took place in January 1995 and the old polish zloty (ISO: PLZ) was changed to the new zloty (ISO: PLN) at a rate of 10,000-to-1.

    One of the conditions of Poland’s acceptance into the European Union in 2004 was that at some point it adopted the euro as its national currency. Since Poland has not yet joined ERM-II (a requirement for euro adoption), it is unlikely that the single currency will be used in Poland earlier than 2020. Poland’s former Deputy Prime Minister Janusz Piechociński said as much in 2014.

    Since 1995, the zloty’s valuation has remained relatively stable. Against the US dollar, the currency was weakest in both May and October 2000 when USD/PLN reached 4.73. The currency was strongest in July 2008 when USD/PLN fell to just 2.01. Since the euro’s introduction in 1999, EUR/PLN has traded between 3.19 and 4.94.

     

    1 PLN = 0.2460 USD
    Sell PLN  →  Buy USD
    PLN to USD at 0.2459 has fallen 2.1% below its 90-day average, range 0.2388-0.2636.
    |
      1 USD = 4.0648 PLN
     
    7-DAY+2.4%
    14-DAYHIGH

    Historic PLN-USD Rates

    PLN/USD wasPeriod
    0.2537
    19 Oct 2021
    2 Weeks
    0.2605
    04 Aug 2021
    90 Days
    0.2529
    02 Nov 2020
    1 Year
    0.2571
    03 Nov 2016
    5 Years
    0.3158
    05 Nov 2011
    10 Years
    0.2450
    07 Nov 2001
    20 Years
    PLN/USD historic rates

     

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