PLN/EUR: what to know
The PLN/EUR rate shows how much EUR you get for 1 PLN. Right now, 1 PLN buys 0.2314 EUR at the mid-market rate. In the other direction, 1 EUR is worth 4.3213 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while EUR responds to ECB policy and eurozone 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 Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the PLN/EUR rate has ranged between 0.2303 and 0.2380 — a change of -1.64% 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.