ZŁOTY pt 3

(ZŁOTY pt 1 . . . ZŁOTY pt 2)

(THE LAST PART . . . )


The General Government (itself set up by Nazi Germany) established the Bank Emisyjny. “In May 1940, old banknotes of 1924-1939 were stamped by the new entity. The money exchange was limited per individual, the limits varied according to the status of the person (Pole, Jew, etc.). The fixed exchange rate 1 Reichsmark = 2 złote was established. A new issue of notes appeared in 1941.” The underground resistance movement counterfeited many of these notes and exchanged them for real ones in order to fund their activities.

1940 – 50 Złotych

1940 -500 Złotych (English counterfeit)

“Counterfeited banknotes were delivered from England to Poland by the RAF Air Force in 1944, when the Polish Resistance Movement needed a big amount of money to finance the mobilisation of the AK(Home Army), the biggest underground army in Europe. It was the beginning of strategic operations with cryptonym “Burza”(Storm), the target being the liberalization of Poland from German occupation before the encroaching by the Soviet Army. The detachments(squad) of the AK needed money for buying food, uniforms, medicine etc. from civilians . . . Till the end of August 1944 around 12 millions zloty were exchanged.” (source: atsnotes.com)


1950-1994 THIRD ZŁOTY

“In 1950, a new złoty was introduced, replacing all earlier issues at a rate of one hundred to one . . . The late 1980s and early 1990s saw high inflation in Poland and lead to the issue of notes in denominations of 10,000, 20,000, 50,000, 100,000, 200,000, 500,000, 1,000,000 and 2,000,000 złotych.

1979 – 100 Złotych

1989 – 200,000 Złotych

1992 – 2 million Złotych



The new Polish złoty is the unofficial name of the current currency of Poland, introduced on January 1, 1995 as a result of the re-denomination of the old currency. The official name of the Polish currency did not change since 1950. The re-denomination rate was 10 000 old Polish złoty to 1 new Polish zł‚oty.  These new notes pay tribute to Poland’s early leaders.

1995 – 100 Złotych
Ilustrating Władysław II Jagiełło

2005 – 10 Złotych
“Issued by Poland at the Aichi International Coin Exposition in Japan in early 2005, this beautiful coin is unusual in both shape and topic. Form follows function as the oriental fan serves as the perfect tableau to both introduce and display the Japanese theme. All three of the national symbols of Nippon are depicted: the Bonsai Tree, the Rising Sun, and the imperial Cranes. A famous statue of Frédéric Chopin, pianist, composer, and Polish national hero, is also pictured.” (source: talismancoins.com)

I hope you enjoyed this little showcase 🙂



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