We present the current exchange rate of Polish zlotys against the most important currency in the European Union, which is used in 20 countries. The EUR/PLN exchange rate on September 1, 2023 is PLN 4.4732 – the exchange rate at 7 am.
PLN 4.4712 was yesterday’s exchange rate of the euro. This means a day-to-day change of PLN +0.0020. On a weekly basis, the exchange rate changed by PLN +0.0042.
When joining the European Union, Poland committed itself to adopting the euro, but there is no set date for this. Each Member State of the European Union decides on its own to adopt the single currency. For the first three years after its introduction in 1999, the euro was a virtual currency used for accounting and electronic payments. As a physical currency, it entered circulation on 1 January 2002 in 12 countries that were then members of the EU. Since then, the area using the euro currency has expanded and more countries have joined it. The euro currency is also the official currency in some countries that are not members of the European Union. Monetary policy related to the euro is conducted by the European Central Bank. Like any major change, the introduction of the euro also requires proper preparation and assessment of the risk of negative consequences for the state and its inhabitants. For example, unfair price conversions by traders may result in sanctions being imposed on them. It is also necessary to develop a plan to limit and possibly minimize the undesirable effects associated with the loss of an independent monetary policy in individual countries.
2023-09-01 07:57:52
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