CNH/PLN: what to know
The CNH/PLN rate shows how much PLN you get for 1 CNH. Right now, 1 CNH buys 0.5558 PLN at the mid-market rate. In the other direction, 1 PLN is worth 1.7993 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while PLN responds to NBP policy, EU flows and regional sentiment.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins.
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.