JPY/PLN: what to know
The JPY/PLN rate shows how much PLN you get for 1 JPY. Right now, 1 JPY buys 0.0238 PLN at the mid-market rate. In the other direction, 1 PLN is worth 42.0721 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while PLN responds to NBP policy, EU flows and regional sentiment.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. 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 JPY/PLN rate has ranged between 0.0225 and 0.0247 — a change of -2.77% 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.