PLN/CNY: what to know
The PLN/CNY rate shows how much CNY you get for 1 PLN. Right now, 1 PLN buys 1.7998 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.5556 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while CNY responds to PBoC decisions and Chinese growth.
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 Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Over the past 12 months the PLN/CNY rate has ranged between 1.7791 and 1.9791 — a change of -8.32% 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.