Polish złoty

The złoty ( PLN , Polish : złoty  statement (  / explanations ) [zwɔtɨ] [https://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=translate.google.co.uk&sl=nl&u=https://nl.wikipedia.org/wiki/Internationaal_Fonetisch_Alfabet&usg=ALkJrhi73uBcUb5skllYIMVMr_vjuViBAw ? ]  ) is the currency of Poland . Złoty are throughout Poland as legal tender used. They are divided into 100 groszy. There are coins of 1, 2, 5, 10, 20 and 50 groszy and 1, 2 and 5 zloty. Banknotes are available for 10, 20, 50, 100 and 200 zloty.

The Polish zloty word literally means "golden". Historically, the złoty relationship with the guilder : both coins owe their name to the golden florin (fiorino d'oro), the city of Florence in 1252 brought in circulation. This coin weighed 3.5 grams, the same weight as the ducat of Venice . These coins were used by merchants throughout Europe and imitated. In the Netherlands guilder was the golden florin, the Polish zloty and the Hungarian forint . In Poland in the 18th and 19th centuries next to the złoty polskifrom the Reich -derived "Rhenish guilders" (złoty renski) widely used.

The newly resurrected Polish state in 1918 initially introduced as the currency of the Polish market, but it was soon hyperinflation worth no more than the paper it was printed. After a mint reform introduced a new currency in 1923, the "zloty", the name referring to the "Rhenish guilder."

A new currency reform followed in 1995: this reform is the N (new) due to the official abbreviation PLN. After a period of hyper- inflation in the eighties and early nineties especially, the zloty was worth much more. In 1994, 1 million złoty had the value of about € 40. Banknotes of 100 zloty (then 0.9 cent) were the smallest payment units.

The new złoty 1995 lost four zeros. 10,000 old zlotys (PLZ) were from then equal to 1 new zloty (PLN). ==[Notes  edit ] == ==The future of the złoty [  edit ] == Poland's accession to European Union ( 2004 ) meant no direct admission to the Economic and Monetary Union . It will take several years before the economy in Poland is so strong that accession to the value of theeuro does not affect. The introduction of the euro in Poland is expected in 2015 take place, although certain conditions could delay or prevent this. Earlier predictions of an accession in 2011 is not feasible. ==External link [  edit <span class="mw-editsection-bracket" style="color:rgb(85,85,85);">] ==
 * <span style="border-bottom-width:1px;border-bottom-style:dotted;border-bottom-color:rgb(85,85,85);"><span style="font-weight:bold;font-size:11.8999996185303px;cursor:help;color:rgb(85,85,85);" title="Language: English">(S)  <span style="font-weight:bold;font-size:11.8999996185303px;cursor:help;color:rgb(85,85,85);" title="Language: Polish">(pl)  Polish National Bank . For a description of (special) notes and coins, the heading "banknotes and coins"