The złoty which literally means "golden", is the currency of Poland. The modern złoty is subdivided into 100 groszy (singular: grosz). The recognized English form of the word is zloty, plural zloty or zlotys. The currency sign is zł.
The złoty (golden) is a traditional Polish currency unit dating back to the Middle Ages. Initially, in the 14th and 15th centuries, the name was used for all kinds of foreign gold coins used in Poland, most notably Venetian and Hungarian ducats. In 1496 the Sejm approved the creation of a national currency, the złoty.
Reverse: Silver denar coin during the reign of Mieszko I
The new Polish złoty (PLN) is the unofficial name of the current currency of Poland, introduced on January 1, 1995 as a result of the redenomination of the old currency. The redenomination rate was 10,000 old Polish złoty to 1 new Polish złoty. The issuing bank is the National Bank of Poland.
Many thanks to Aneta P. from USA/Poland.
