Polish Zloty

In 1994 the Polish Zloty was redenominated. The Fourth (new) Zloty (PLN) replaced the Third (old) Zloty (PLZ) at a rate of 10,000 old zloty to 1 new zloty. Issued by the Warsaw-based National Bank of Poland, the Polish zloty banknotes in use today have the same design but improved security features. All zloty banknotes issued since 1994 are a valid means of payment in Poland. We exchange these modern Polish Zloty notes free of charge. We also give cash for Polish Zloty coins and old Polish Zloty banknotes.

In 1995, after years of high inflation, Poland dropped four zeroes from its national currency. The banknotes from the old Zloty were taken out of circulation and replaced by new Zloty banknotes at a rate of 10,000 old zlotych to 1 new zloty. These old Polish Zloty banknotes are no longer a means of payment in Poland. Poland's central bank, the Narodowy Bank Polski, no longer exchanges these obsolete old zlotych banknotes. They have lost all monetary value. At Leftover Currency we continue to exchange old Polish Zloty banknotes at a value that covers their collectable value. We also exchange current Polish Zloty banknotes and Polish Zloty coins.

The current set of Polish zloty coins have been produced by the Warsaw-based Mint of Poland since 1995. Coins from 1 grosz to 5 zloty are legal tender in Poland. Banks and exchange offices outside Poland will not accept Polish Zloty coins for exchange. However, we give cash for Polish zloty and groszy coins. We also exchange Polish zloty banknotes and old obsolete Polish zloty banknotes.

The Polish Zloty Nieobiegowy notes were prepared to be put into circulation following a future Polish Zloty 'revaluation'. However the banknotes were never issued, because of their poor security features and because inflation was not yet fully under control. These Zloty banknotes are all dated 1 March 1990. After it was decided that they were not going to be issued, most of the banknotes were pulped. The remaining stock of unissued zloty banknotes were overprinted with the text 'NIEOBIEGOWY', meaning 'not in circulation' or 'non-negotiable'. These Polish Zloty Nieobiegowy banknotes have no face value. We exchange these cancelled banknotes at an exchange rate that covers their collectable value.