EUR/PLN: what to know
The EUR/PLN rate shows how much PLN you get for 1 EUR. Right now, 1 EUR buys 4.3200 PLN at the mid-market rate. In the other direction, 1 PLN is worth 0.2315 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while PLN responds to NBP policy, EU flows and regional sentiment.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. 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 EUR/PLN rate has ranged between 4.2024 and 4.3415 — a change of +1.66% 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.