How Lovet improved payment speed and cashflow planning with Instarem
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The Polish Zloty (PLN) is the official currency of Poland, issued by the National Bank of Poland. It was introduced in its modern form in 1995, replacing the old zloty at a rate of 10,000 PLZ = 1 PLN as part of economic reforms. The zloty is a free-floating currency, with its value influenced by Poland’s strong industrial sector, EU trade partnerships, and economic stability. The currency is subdivided into 100 groszy, with banknotes ranging from PLN 10 to PLN 500 and coins from 1 grosz to PLN 5. While Poland is a European Union (EU) member, it has not adopted the Euro (EUR) and continues to use the zloty.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.