Polish Zloty
Złoty
Currency Code
PLN
ISO 985
Symbol
PLN
Native: zł
Decimal Digits
2
Rounding: 0
Countries
PL
Using this currency
Currency Units
Major Unit
Name: złoty
Symbol: zł
Minor Unit
Name: grosz
Symbol: gr
Value: 0.01
Banknotes
Frequently Used
10 zł20 zł50 zł100 zł200 zł500 zł
Coins
Frequently Used
1 gr2 gr5 gr10 gr20 gr50 gr1 zł2 zł5 zł
Plural Forms
English Plural
Polish zlotys
Native Plural
Złote
Overview
The Polish Zloty is the currency of Poland, managed by the National Bank of Poland. It has been one of Central Europe's strongest currencies and Poland has been one of the EU's fastest-growing economies, though it has not yet adopted the euro.
Economy
- Poland is a member of EU, NATO, OECD, Visegrád Group, Council of Europe.
- Main industries include: Machine building, Iron and steel, Coal mining, Chemicals, Shipbuilding, Food processing, Glass, Beverages, Textiles.
- Poland is part of the World Trade Organization.
- Imports are machinery, chemicals, fuels, minerals, metals, consumer goods.
- Major exports include machinery, manufactured goods, food, chemicals, minerals, fuels.
- GDP: $760.0 billion (2023 est.).
- GDP per capita: $20,032 (2023 est.).
- Unemployment rate: 2.9% (2023 est.).
- Inflation rate: 11.3% (2023 est.).
- Main trading partners: Germany, Czech Republic, United Kingdom, France, Italy, Netherlands.
- Trade agreements: EU Single Market, Various bilateral agreements.
History
- Previous currencies used: Third złoty, Second złoty, First złoty, Various historical currencies.
- The złoty has been Poland's currency since the Middle Ages. The current fourth złoty was introduced in 1995, replacing the previous złoty at 10,000:1 after hyperinflation.
- 14th century: First złoty coins
- 1950: People's Republic złoty introduced
- 1989: Political transformation begins
- 1995: Fourth złoty introduced (10,000:1)
- 2004: EU membership achieved
- 2011: Avoided eurozone crisis impact
- Exchange rate peg: Free floating since 2000.
General Information
- ISO 4217 Code: PLN
- Symbols: PLN/zł
- Currency Subunits: 100 groszy
- Central Bank: National Bank of Poland
- Monetary Policy: Inflation targeting with 2.5% target (±1% tolerance band). Free-floating exchange rate with focus on domestic price stability.
- Bills: 10 zł, 20 zł, 50 zł, 100 zł, 200 zł, 500 zł
- Coins: 1 grosz, 2 grosze, 5 groszy, 10 groszy, 20 groszy, 50 groszy, 1 złoty, 2 złote, 5 złotych
- USD Exchange Rate: Variable (approximately 4.0 PLN per USD)
- Pegged To: None (Floating)
- Capital: Warsaw
- Population: 37,991,766 (2023 est.)
- Area: 312,685 km²
- Languages: Polish (official) 98.2%, Silesian 1.4%, Other 1.1%, Unspecified 1.3%
- Time Zones: UTC+1 (CET), UTC+2 (CEST in summer)
- Government Type: Parliamentary republic
- Head of Government: President (head of state), Prime Minister (head of government)
- Independence: November 11, 1918 (republic proclaimed)
- Ethnic Groups: Polish 96.9%, Silesian 1.1%, German 0.2%, Ukrainian 0.1%, Other 1.7%
- Religions: Catholic 85%, Eastern Orthodox 1.3%, Protestant 0.4%, Other 0.4%, Unspecified 12.9%
- Literacy Rate: 99.8% (2011 est.)
- Transport: Warsaw Chopin Airport, extensive road and rail networks, Baltic Sea ports, metro systems in major cities
- Communications: Advanced telecommunications, 84% internet penetration, comprehensive 4G/5G coverage
- Energy: Coal 46%, Natural gas 15%, Renewables 16%, Oil 13%, Nuclear 0%, Other 10%
- Countries Using This Currency: Poland
- Data Sources: Central Bank: National Bank of Poland (nbp.pl), Economic Data: Statistics Poland, World Bank, IMF, Trade Data: Ministry of Finance Poland, Demographic Data: Statistics Poland, Geographic Data: Institute of Meteorology and Water Management, Historical Data: National Bank of Poland archives
- Last Updated: 2025