PLN/CAD: what to know
The PLN/CAD rate shows how much CAD you get for 1 PLN. Right now, 1 PLN buys 0.3710 CAD at the mid-market rate. In the other direction, 1 CAD is worth 2.6951 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while CAD responds to oil prices and the US economy.
The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins. The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”.
Over the past 12 months the PLN/CAD rate has ranged between 0.3665 and 0.3883 — a change of -2.26% 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.