PLN/USD: what to know
The PLN/USD rate shows how much USD you get for 1 PLN. Right now, 1 PLN buys 0.2690 USD at the mid-market rate. In the other direction, 1 USD is worth 3.7174 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while USD responds to Fed policy, US growth 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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Over the past 12 months the PLN/USD rate has ranged between 0.2627 and 0.2849 — a change of -2.21% 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.