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At the end of 1993, new reworked editions of banknotes(50.000,100.000,500.000,1.000.000 and 2.000.000 Zloty) were released which also erased the old Polish People's Republic name from the 50.000 and 100.000 Zloty banknotes in circulation. In 1994 they stopped printing old Zloty notes to later establish the Fourth Zloty by 1st January 1995.
1 grosz 15.5 mm 1.64 g Brass plated steel: Serrated State title and the eagle of the coat of arms: Value and 1 leaf 2014 2 grosze 17.5 mm 2.13 g Plain Value and 2 leaves 5 groszy 19.5 mm 2.59 g Alternately smooth and serrated Value and 5 leaves 10 groszy 16.5 mm 2.51 g Copper and nickel-plated steel: Alternately smooth and serrated
The Polish złoty (alternative spelling: zloty; [1] Polish: polski złoty, Polish: ⓘ; [a] abbreviation: zł; code: PLN) [b] is the official currency and legal tender of Poland. It is subdivided into 100 grosz (gr). [c] It is the most-traded currency in Central and Eastern Europe and ranks 21st most-traded in the foreign exchange market. [2] [3]
The note was issued in 19 denominations, by the National Bank of Poland (Polish: Narodowy Bank Polski) and date its origins to 1528 as the "ducat," although there is debate about which polish coins was the first zloty. [2] The 20th-century zloty dates back to 1924. [2] The Zlotych notes were withdrawn from circulation in 1995. [3]
On 7 July 1994 Polish złoty (PLZ) was denominated at a rate 10000:1 to new Polish złoty (PLN). The new currency was introduced on 1 January 1995, and was used concurrently with the old one until the end of 1996.
The zlot was a currency used in both medieval and modern times in Eastern Europe. [1] It was widely used in Poland , which now uses the złoty . It was also used in the Ottoman Empire , Russia , Moldavia , Wallachia and Transylvania .
The Polish 1,000 złoty note is a formal banknote used in Poland from 1794 to1996, but plans exist to revive this note to Polish currency, during the third banknote series. On the obverse, it features the text 1000 Tysiąc Złotych (One Thousand Złoty). Along with some other common trzecia seria features, it shows Nicolaus Copernicus.
It controls the issuing of Poland's currency, the Polish złoty. The bank is headquartered in Warsaw, and has branches in 16 major Polish cities. The NBP represents Poland in the European System of Central Banks, an EU organization. The bank doesn't translate its name to English and uses its Polish name in all English communications.