The zloty is the official currency in Poland, and it was first introduced in the country in 1950.
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).
You can find banknotes of 10, 20, 50, 100 and 200 zlotys in circulation. In 2014 all denominations, except the 200 banknote, were slightly modified, adding new security measures. Find out about all security measures of current zloty banknotes.
Regarding coins, there are 1, 2, 5, 10, 20 and 50 groszy, and 1, 2 and 5 zloties.
Date of creation:
National Bank of Poland
|Globo Cambio||Your high-street bank|
|Variety of currencies||We have 10 currencies. We are specialists.||Only major currencies. Travel money is just a secondary business for banks.|
|Availability of currencies||Immediate availability of currencies in our branches. Click and collect or walk in to our stores.||If they can actually get your exotic currency, prepare for a couple of visits to your bank before you can have the money on your hands.|
|Expenses||Only the exchange rate, without commissions, and if you book online you guarantee the best price.||The bank sets its own margin plus a commission.|
|Different denominations available||At Globo Cambio, you’ll get a variety of banknotes with different values, adapted to all your payment needs.||No. Prepare for refusals and complaints in foreign languages when paying with «big» banknotes.|
|Delivery options||Order online to benefit from a price reduction and collect at the branch of your choice.||You’ll have to go first to your bank to order the currency you need, then wait for it to come and go back again to collect it.|