Glossary Term

PLN

Back to Glossary

PLN is the currency abbreviation for Poland’s official currency, the zloty. The zloty was born a century ago, in 1919 and made it to the global market 5 years later. The banknotes come in 10s, 20s, 50s, 100s, 200s and smaller denomination coins. It was Poland’s first real step away from the communist regime into a free-economy. That step came with certain repercussions as inflation soared to all-time highs with denominations of the currency reaching 500,000 and 1 million zloty. Since the Great Recession of 2008 the currency’s trading value has ranged between 3-4 PLN to the USD.

Find our Glossary interesting?
If you feel we’ve missed a term; let the Traders Expert team know and we’ll include it in our Glossary.

What is PLN? A Traders Expert explanation

Join Our Community!

Receive invitations to our live events, webinars & more!

Traders Expert