GBP/PLN: what to know
The GBP/PLN rate shows how much PLN you get for 1 GBP. Right now, 1 GBP buys 5.0312 PLN at the mid-market rate. In the other direction, 1 PLN is worth 0.1988 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while PLN responds to NBP policy, EU flows and regional sentiment.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. 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 GBP/PLN rate has ranged between 4.7850 and 5.1081 — a change of +2.64% 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.