CAD/PLN: what to know
The CAD/PLN rate shows how much PLN you get for 1 CAD. Right now, 1 CAD buys 2.6935 PLN at the mid-market rate. In the other direction, 1 PLN is worth 0.3713 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while PLN responds to NBP policy, EU flows and regional sentiment.
The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”. The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins.
Over the past 12 months the CAD/PLN rate has ranged between 2.5755 and 2.7286 — a change of +2.32% versus a year ago.
For anyone in Poland, this is the mid-market reference to compare against your bank or kantor before exchanging. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.