100 złotych note explained

The Polish 100 Złotych note is a denomination of Polish currency. With over a billion banknotes of this denomination in circulation as of the end of 2023, it is the most widely circulating banknote.[1]

History

The note was issued in 19 denominations, by the National Bank of Poland (pl|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. The Zlotych notes were withdrawn from circulation in 1995.[3] The currency was devalued and worth very little after many years of high inflation in Poland during the communist period; when the new zloty currency was introduced in 1995, four zeros were dropped from the currency.

External links

Notes and References

  1. Web site: Raport o obrocie gotówkowym w Polsce w 2023 r.. pl . 2024-09-18 . nbp.pl.
  2. Web site: 2018-08-15. The history of the Polish zloty began almost 500 years ago. 2020-12-18. Obserwator Finansowy: ekonomia, debata, Polska, świat. en-EN.
  3. Web site: 100 old Polish Zloty note Ludwik Waryński - Exchange yours for cash. 2020-12-18. Leftover Currency. en-GB.