PLN/CNH: what to know
The PLN/CNH rate shows how much CNH you get for 1 PLN. Right now, 1 PLN buys 1.7993 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.5558 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while CNH responds to sentiment toward China and offshore flows.
The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.