PLN (Polish Zloty)

DEFINITION of 'PLN (Polish Zloty)'

The currency abbreviation or currency symbol for the Polish zloty (PLN), the currency of Poland. The Polish zloty is made up of 100 grosz and is often represented by a symbol that looks like the lowercase Latin letters "zl" with two horizontal ticks about halfway up the "l".

BREAKING DOWN 'PLN (Polish Zloty)'

The current Polish zloty is the fourth zloty since the middle ages. The most recent revaluation had the third (old) zloty replaced by the new zloty at a rate of 10,000 to 1. This revaluation was done in 1995 to adjust for the hyperinflation that took place during the first half of the decade.

RELATED TERMS
  1. PLN

    In currencies, this is the abbreviation for the Polish Zloty.
  2. Bitomat

    A Polish-based bitcoin exchange. Bitomat was the first Bitcoin ...
  3. Hard-Coded Stock

    This is a term that refers to a company's stock symbol or ticker ...
  4. Cleave

    The occurrence of a gemstone breaking into two or more pieces ...
  5. Ticker Symbol

    An arrangement of characters (usually letters) representing a ...
  6. L

    The fifth character added to a stock symbol listed on the Nasdaq ...
Related Articles
  1. Investing

    KFC Releases Edible Nail Polish In Hong Kong

    This spring brings a new flavor of nail polish to KFC Hong Kong. Literally, finger-lickin' good.
  2. Trading Strategies

    Simulator How-To Guide: Ticker Symbol Look Up

    As you noticed while you were buying shares of Wal-Mart, all brokerages (simulated or not) require you to input the company's stock symbol to place any trade. In fact, all stock exchanges ...
  3. Term

    Keeping Securities Clear With Ticker Symbols

    A ticker symbol is a group of characters that represent a specific, publicly traded security that’s listed on an exchange.
  4. Stock Analysis

    Diversify with Currency

    As investors seek out strategies to limit downside risk, they often find themselves in alternative asset classes. One over looked asset is currency.
  5. Forex Education

    On This Day In Finance: July 6 - The United States Adopts The Dollar

    The U.S. adopts the dollar as a monetary unit.
  6. Forex Education

    The Hazards Of Currency Movements

    Devaluation and revaluation are official changes in the value of a nation’s currency in relation to other currencies. The terms are generally used to refer to officially sanctioned changes in ...
  7. Economics

    Understanding Hyperinflation

    Hyperinflation is an economic term describing rapid, uncontrolled price increases.
  8. Stock Analysis

    3 Ways To Profit From Latin America's Rising Middle Class

  9. Economics

    What Are The Advantages Of Not Adopting The Euro?

    European Union countries that do not use the euro have a few advantages over eurozone countries. Investopedia explores how.
  10. Forex Strategies

    5 Emerging Markets Currencies to Consider in 2016

    Take a look at five emerging market currencies that could show strength in 2016, despite expectations that most emerging economies will continue to struggle.
RELATED FAQS
  1. Do hedge funds have ticker symbols?

    Discover whether or not hedge funds have ticker symbols, where you can find ticker symbols and the significance of a ticker ... Read Answer >>
  2. Why did my stock's ticker symbol change?

    When a ticker symbol changes it's usually not a good sign. Tickers of publicly traded companies generally only change for ... Read Answer >>
  3. How does a divorce impact regular social security benefits?

    If a person divorces and he is already receiving social security benefits, does he need to share those benefits with his ... Read Answer >>
  4. Why is the U.S. dollar shown on the top of some currency pairs and on the bottom ...

    All currencies are traded in pairs. The first currency in the pair is called the base currency while the second is called ... Read Answer >>
  5. Why do all mutual fund tickers have an X at the end?

    It's true that all mutual funds' tickers have an X at the end of their symbol. The reason for this is to distinguish between ... Read Answer >>
  6. When is it necessary to get a letter of credit?

    Capitalize on assets and negate risks by using a letter of credit. Letters of credit are often requested for buying, selling ... Read Answer >>
Hot Definitions
  1. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  2. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  3. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  4. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  5. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  6. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
Trading Center