PLN/JPY: what to know
The PLN/JPY rate shows how much JPY you get for 1 PLN. Right now, 1 PLN buys 42.0410 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.0238 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while JPY responds to Bank of Japan policy and global risk appetite.
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 Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Over the past 12 months the PLN/JPY rate has ranged between 40.4892 and 44.3506 — a change of +2.85% 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.