PLN/SGD: what to know
The PLN/SGD rate shows how much SGD you get for 1 PLN. Right now, 1 PLN buys 0.3401 SGD at the mid-market rate. In the other direction, 1 SGD is worth 2.9404 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while SGD responds to the MAS-managed currency basket.
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 Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the PLN/SGD rate has ranged between 0.3400 and 0.3599 — a change of -3.42% 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.