Polish currency

Although Poland is part of the European Union since 2004 still circulating in this country the euro. The current Polish currency is the zloty is divided into 100 groszy.

The history of the zloty as the monetary unit in Poland begins in the fourteenth century when the name called ducats zloty aliens made of gold (in Polish zloty means "gold"). With the decision of the Polish Parliament in 1496 was said the zloty equivalent of 30 groszy. Eventually this equivalence was changing, due to variations in the price of silver and gold.

For the first time the zloty as the currency of Poland appeared in 1663 under the name tymf. But this coin was not very successful due to the low value of silver was made. Produced in huge numbers, with neglect, contained many errors in writing. In 1924 the foreign exchange reform, the replaced the Polish zloty (left by the Germans) and the new value of zloty was equal to 0, 1687 grams of gold. After World War II took steps to introduce in Poland a single currency. Initially included in the ticket Polish workers and in 1975 were changed by the great Polish characters.

Poland's hyperinflation in the late '80s and early '90s led to the introduction of very high values of the zloty. Tickets were produced 10,000, 20,000 or even 2 000 0000 zloty. Then in 1995 the National Bank decided to call the Polish zloty, removing 4 zeros, ie, 10 000 old zlotys (PLZ) = 1 new zloty (PLN) and from that year takes effect the current form of coins and polish bills.

Bills of Poland are in denominations of 200, 100, 50, 20 and 10 zlotys. Coins of Poland are in the denominations of 5, 2 and 1 zloty and 50, 20, 10, 5, 2 and 1 groszy.

Can be exchanged at all border points, hotels and exchange offices (kantor in Polish), some of them open 24 hours. You can also withdraw money in banks with Visa credit cards. In major cities the banking hours are from 09.00 to 16.00 Monday to Friday and from 09.00 to 13.00 on Saturdays.