PLN/CHF: what to know
The PLN/CHF rate shows how much CHF you get for 1 PLN. Right now, 1 PLN buys 0.2128 CHF at the mid-market rate. In the other direction, 1 CHF is worth 4.6987 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while CHF responds to safe-haven demand and SNB policy.
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 Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the PLN/CHF rate has ranged between 0.2105 and 0.2219 — a change of -3.16% 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.