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On the global front, the unwinding of long wagers on the Hungarian forint against the zloty, the Polish currency's sensitivity to the euro's gains and a potential boost in Poland's terms of trade from the recent decline in oil prices have also fueled the rally, ing to Goldman.

Another factor behind the PLN's impressive performance has been a marked improvement in the balance of payments. In each of the first three months of the year, a substantial current account surplus was recorded, thanks to a combination of cheaper energy and raw materials and weak demand for imported goods.

In the second quarter of this year, the Polish zloty has emerged as a top-performing emerging markets currency posting solid gains against all major currencies. The PLN has recently even outpaced the forint, which posted a massive bounce after it bottomed out in October 2022.

For today i.e. September 22nd, Fri 2023, 1 Polish Zloty is equal to 19.1794 Indian Rupees. Today's expected low - high PLN to INR forecast rates is INR 19.158 - 19.363. respectively.

Fitch Ratings - Frankfurt am Main - : Fitch Ratings has affirmed Poland's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A-' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary.

1 USD = 4.31968 PLN UTC The currency converter below is easy to use and the currency rates are updated frequently.

The national currency of Poland is the Polish zloty (symbol: z?) which is divided into 100 groszy (symbol: gr). Currently there are nine denominations of coins in circulation (1 gr, 2 gr, 5 gr, 10 gr, 20 gr, 50 gr, 1 z?, 2 z?, 5 z?) and six denominations of banknotes (10 z?, 20 z?, 50 z?, 100 z?, 200 z? and 500 z?).

The zloty gained more than 2% against the euro in the past three weeks to reach its strongest level in almost a year on Friday, outpacing its developing peers. Signs of improvement in Poland's external balances and inflation have supported the currency, ing to Goldman.