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Polish currency and exchange rate

Polish monetary unit is called złoty (zł, PLN). 1 złoty is divided into 100 groszy (gr.) The banknotes come at 200, 100, 50 and 10 zloty, and coins in 5, 2 and 1 zloty, and 50, 20, 10, 5, 2 and 1 groszy. Currency can be exchanged in banks or exchange points ("kantor"). Credit cards are widely accepted in Poland, but small shops and newsagents in smaller localities accept cash only.

Zloty has a floating exchange rate, which has fluctuated in the last few years (see Table 3.1). These fluctuations were influenced by the relations between other currencies - therefore between the years 2000 and 2005 zloty has strengthened against US dollar, while maintaining steady rate against euro (in circulation since 01.01.2002)

 

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