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Poland - Polish Zloty - Currency Guide

 

Foreign exchange guide to Poland and the Polish Zloty (PLN)

   

USD/PLN 90-day view

USDPLN at 3.7618 is 1.3% below its 90-DAY average, range 3.6844-3.9608.
|
1-DAY0.7% 60-DAY-LOW
 
Recent USD to PLN 90-day trend

General Currency Info - Polish Zloty

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.

   

PLN News, Forecasts and Trends

The above interactive chart shows the USD to PLN exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Polish Zloty - Historical Rates

USD/PLN rateChangePeriod
18 Nov 2020 : 3.77070.6% ▼1 Week
26 Oct 2020 : 3.87693.3% ▼30 Days
27 Aug 2020 : 3.73160.4% ▲90 Days
26 Nov 2019 : 3.90614.1% ▼1 Year
27 Nov 2015 : 4.03007% ▼5 Years
28 Nov 2010 : 3.045423% ▲10 Years

USD/PLN 10 year historic rates & change to 25-Nov-2020 : 3.7472

 

U$10,000 USD
=
zł37,596 PLN

Converted at USD/PLN interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Polish Zloty - Quick Conversions

USD PLN
U$ 1 3.7596
U$ 5 18.80
U$ 10 37.60
U$ 20 75.19
U$ 50 187.98
U$ 100 375.96
U$ 250 939.90
U$ 500 1,880
U$ 1,000 3,760
U$ 2,000 7,519
U$ 5,000 18,798
U$ 10,000 37,596
U$ 50,000 187,980
U$ 100,000 375,960
More amounts
USD PLN
U$ 0.2660 zł 1
U$ 1.3300 zł 5
U$ 2.6600 zł 10
U$ 5.3200 zł 20
U$ 13.30 zł 50
U$ 26.60 zł 100
U$ 66.50 zł 250
U$ 133.00 zł 500
U$ 266.00 zł 1,000
U$ 532.00 zł 2,000
U$ 1,330 zł 5,000
U$ 2,660 zł 10,000
U$ 13,300 zł 50,000
U$ 26,600 zł 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in Poland?

The domestic currency in Poland is the Polish Zloty.

What is the Polish Zloty currency code and symbol?

The three letter currency code for the Polish Zloty is PLN — symbol is .

Which countries use the Polish Zloty?

It is the domestic currency in    Poland.

Is the Polish Zloty a closed currency?

No, the Polish Zloty is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Poland

Travel money for Poland

Save money and time by Ordering your Polish Zloty online from Travelex, you get better rates and can pick up the PLN cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Polish Zloty otherwise you may get much worst exchange rates.

 

Send Money to Poland - Best Rates

When searching around for information on how to get a good exchange rate when sending money to Poland you need to start with finding out the latest Polish Zloty exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Poland

When sending money to Poland it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Polish Zloty amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted PLN amount will be transfered to the recipient account you specify in Poland.

Use the above Send to Polish Zloty calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Polish Zloty deposited into the recipient bank account and less margins and fees kept by the banks!


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