Poland’s currency and comprehensive information about it, Poland is one of the countries of the continent of Europe that belongs to the European Union countries, and is known as the Polish Republic, because the system of government within it is a republican parliamentary system, where the legislative and executive authority is through the Polish Parliament and the Supreme Council of Senate, and the National Council has a holder Minimum decisions, the official language is Polish and its currency is Polish zloty. Arab travelers introduce you to the history of the Polish currency.
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Poland is located in the center of the European continent, along 19 degrees east of the Greenwich Line, and at a width of 52 degrees north of the equator, where its borders intersect with Germany, Ukraine, Belarus, the Kaliningrad region, the Czech Republic, Lithuania, Slovakia, and the Baltic Sea, The total area is approximately 313 thousand square kilometers, and its capital is the city of Warsaw, and according to statistics conducted in 2007 the population of 39 million people.
What is the currency of Poland
Polish people have traded in Poland since 1924 CE, the Polish or zloty zoot, which in short is symbolized by the letters PLN, ZL, which is the official currency issued by the Polish National Bank, and the zoot is divided into 100 groszzi meaning the shark, from which there are mineral classes that are divided into 1, 2, 5 and 10 And 20 and 50 grosz, and paper currencies are divided into 10, 20, 50, 100 and 200 zlotys, and each zloty is equal to 100 grosz.
The currency of Poland against other currencies
- Polish zloty exchange rate against the US dollar, one US dollar equals 3.81 zloty.
- The Polish zloty exchange rate against the Saudi riyal, one Saudi riyal equals one zloty.
Poland’s economy and its relationship to the local currency
The exchange of the Polish currency is affected by many political and economic factors for Poland, as well as the stability of the European situation and all circulation of European currencies against the euro, and according to statistics conducted in 2009, it has been proven that the GDP per capita in Poland annually reaches 18 thousand dollars, and the general GDP of the state is about 708 thousand One billion US dollars annually, and the unemployment rate in Poland in 2015 reached 9% of its local population.
Poland depends a lot on tourism as an source of income for it and its employees, as thousands visit it annually and when European tourism is affected, this leads to an impact on Poland as well, but it is not the only source of its economy. Poland intends on many other industries such as the automotive industry that progresses significantly and grows to become A pioneer in it, and oil refining, which if oil and gas prices are affected affects Polish zloty prices significantly, as well as many industries such as shipbuilding, glass and textiles.
Much of the Polish population works in agriculture, and agriculture accounts for 32%, and agricultural lands represent half of Poland’s area, the most important of which are exports of oats, barley, rye, wheat, potatoes, and sugar beets, and also exports wood extracted from forest trees, because forests constitute a quarter of the land The state and all of this benefits the Polish currency, whose value increases with increasing domestic product and the difference between Polish exports and imports.