PLN/MXN: what to know
The PLN/MXN rate shows how much MXN you get for 1 PLN. Right now, 1 PLN buys 4.5533 MXN at the mid-market rate. In the other direction, 1 MXN is worth 0.2196 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while MXN responds to the US economy and capital 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. The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol.
Over the past 12 months the PLN/MXN rate has ranged between 4.5444 and 5.0978 — a change of -10.58% 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.