According to Countryaah, the Polish Zloty (PLN) is the currency of the Republic of Poland. Although Poland intends to join the euro zone in the long term, the zloty will certainly remain as a currency for some time. The country’s economic situation is not yet considered stable enough for accession. In addition, according to the constitution, only the Polish National Bank is allowed to spend money in the country – there is currently no majority in the Polish parliament to change this regulation.
THE CHECKERED HISTORY OF THE CURRENCY
The zloty was the currency of the Kingdom of Poland from the 14th to the 19th century, but was then replaced by the Polish mark. It was reintroduced in 1924. In the 1980s, the currency experienced high inflation rates. A new era dawned for the zloty with the introduction of market economy reforms in the wake of the upheavals of 1989. The zloty was revalued in 1995 to a factor of 1: 10,000 and received a new ISO code (PLN instead of zip code).
IMPROVED SECURITY FEATURES FOR POLISH ZLOTY
The Polish coins bear the national coat of arms as a motif. On the front is the value (from 1 grosz to 5 zlotych), and you can see wreaths or leaves. The banknotes are decorated with portraits of nobles and kings from the history of Poland. In April 2014, new banknotes with improved security features were introduced in Poland, but the design of the notes was retained.
ZLOTY MEANS “THE GOLDEN ONE”
The name zloty goes back to the Polish adjective “zloty”, which means “the golden one”, or the noun “zloto” which means “gold”. This reference to gold as a currency name is widespread. In German, for example, the word money refers to the terms gold and guilder.
BUY POLISH ZLOTY ONLINE
You can easily purchase Polish zloty and other currencies for your trip in the XE webshop. Select the desired currencies there, check the current exchange rate using the currency converter and order your travel money online. Your order will be delivered to your home within a few days.