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PCBaller World/Poland/Polish Złoty

Revision as of 20:05, 4 March 2024 by Kultokrat (talk | contribs) (Created page with "The Polish Złoty (abbreviation: zł; code: PLZ) is the official currency and legal tender of the Polish Social Nationalist Republic. It is subdivided into 100 grosz (gr). The word złoty is a masculine form of the Polish adjective 'golden', which closely relates with its name to the guilder whereas the grosz subunit was based on the groschen, cognate to the English word groat. It was officially introduced to replace its predecessor, the Polish marka, on 28 February 1919...")
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The Polish Złoty (abbreviation: zł; code: PLZ) is the official currency and legal tender of the Polish Social Nationalist Republic. It is subdivided into 100 grosz (gr). The word złoty is a masculine form of the Polish adjective 'golden', which closely relates with its name to the guilder whereas the grosz subunit was based on the groschen, cognate to the English word groat. It was officially introduced to replace its predecessor, the Polish marka, on 28 February 1919 and began circulation in 1924. The only bodies permitted to manufacture or mint złoty coins and banknotes are Polish Security Printing Works (PWPW), founded in Warsaw on 25 January 1919, and Mennica Polska, founded in Warsaw on 10 February 1766 both under supervision of the United Ministry of Central Economic Regulation and Ministry of Interbank Regulations. As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złoty (PLZ) became one new złoty (PLN), a similar event happened in 2028 after the collapse of the world market and 500 of the new złoty (PLN) became one PSNR złoty (PLZ).

The official currency symbol is zł, composed of lowercase z and ł which are the two first letters of "złoty". It has no representation in the Unicode Standard as a single sign except on Polish manufactured machines, but previously it had representation in Polish typewriters. The symbol of the "grosz" subunit is represented by lowercase gr.

Polish Coins are separated into the values of; 1gr, 2gr, 5gr, 10gr, 20gr, 50gr, 1zł, 2zł, 3zł and 5zł. In 2039, a commemorative 5zł coin featuring the portrait of kultokrat Hubert Ziółkowski was issued. Additionally, a commemorative 10zł banknote bearing the coat of arms of Pinsk was minted to be exchanged for a regular 10zł note, with the proceeds directed towards the reconstruction of Belarus. While the 5zł commemorative coin retains legal tender status, the 10zł commemorative note is purely symbolic and not recognized as legal tender.

Banknotes of Poland, Modern series
Image Value Icon Date of circulation
10 Józef Piłsudski 2028
20 Mieczysław Moczar 2028
30 Lucjan Żeligowski 2029
50 Władysław III of Poland 2028
100 Andrzej Lepper 2028
200 Wojciech Jaruzelski 2029
500 "National Collective" represented by the Nadzieja Symbol 2030
Commemorative
10 Pinsk 2039

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