MYR/PLN: what to know
The MYR/PLN rate shows how much PLN you get for 1 MYR. Right now, 1 MYR buys 0.9195 PLN at the mid-market rate. In the other direction, 1 PLN is worth 1.0875 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while PLN responds to NBP policy, EU flows and regional sentiment.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. 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.