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Poland - Polish Zloty - Currency Guide

 

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

   

HKD/PLN 90-day view

HKDPLN at 0.5014 is 2.5% above its 90-DAY average, range 0.4734-0.5081.
🔔 HKDPLN is UP 3% this 7-DAY period and at 14-DAY HIGHS.
|
Alerts:7-DAY3% | 14-DAY HIGHS |
 
Recent HKD 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 HKD to PLN exchange rate, trend and recent alerts for the last 90 days.

Hong Kong Dollar to Polish Zloty - Historical Rates

HKD/PLN ratePeriod
12 Oct 2020 : 0.48681 Week
19 Sep 2020 : 0.486030 Days
21 Jul 2020 : 0.495990 Days
20 Oct 2019 : 0.48941 Year
21 Oct 2015 : 0.48725 Years
22 Oct 2010 : 0.367010 Years

HKD/PLN 10 year historic rates

 

HK$10,000 HKD
=
zł5,013 PLN

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

Hong Kong Dollar to Polish Zloty - Quick Conversions

HKD PLN
HK$ 1 0.5013
HK$ 5 2.5065
HK$ 10 5.0130
HK$ 20 10.03
HK$ 50 25.07
HK$ 100 50.13
HK$ 250 125.33
HK$ 500 250.65
HK$ 1,000 501.30
HK$ 2,000 1,003
HK$ 5,000 2,507
HK$ 10,000 5,013
HK$ 50,000 25,065
HK$ 100,000 50,130
More amounts
HKD PLN
HK$ 1.9949 zł 1
HK$ 9.9745 zł 5
HK$ 19.95 zł 10
HK$ 39.90 zł 20
HK$ 99.75 zł 50
HK$ 199.49 zł 100
HK$ 498.73 zł 250
HK$ 997.45 zł 500
HK$ 1,995 zł 1,000
HK$ 3,990 zł 2,000
HK$ 9,975 zł 5,000
HK$ 19,949 zł 10,000
HK$ 99,745 zł 50,000
HK$ 199,490 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.

 

Sending money to Poland

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, which can be very different to the wholesale rate.

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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