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. JPY (Japanese Yen)

    The currency abbreviation or the currency symbol for the Japanese ...
  6. L

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

    GE to Sell Polish Bank (GE)

    Diversified American manufacturer General Electric Co. (GE) will sell the core of its Polish lending division Bank BPH to local rival Alior Bank
  2. Insights

    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.
  3. Trading

    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 employ ...
  4. Trading

    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.
  5. ETFs & Mutual Funds

    Invest in Emerging Market Currencies with this ETF

    Why this emerging market currency ETF needs to be on your radar.
  6. Financial Advisor

    Top Tips for Diversifying with Exotic Currencies (UUP, EUO)

    Is there an opportunity in exotic currencies right now, or are you safer sticking to the major ones?
  7. Markets

    3 Economic Challenges Poland Faces in 2016

    Learn how Poland's economy faces many challenges entering 2016, mainly due to uncertainties surrounding the European Union and a change in its political regime.
  8. Markets

    Understanding Hyperinflation

    Hyperinflation is an economic term describing rapid, uncontrolled price increases.
  9. Trading

    Forex Tutorial: Reading a Forex Quote and Understanding the Jargon

    One of the biggest sources of confusion for those new to the currency market is the standard for quoting currencies. In this section, we'll go over currency quotations and how they work in currency ...
  10. Markets

    Latin America’s Economic Forecast

    After a ten-year run, the economies of Latin America are in a decline. For sustainable, long-term growth, the region needs structural reforms.
RELATED FAQS
  1. Why do some stock symbols have three letters while others have four? What is the ...

    Stocks found on the New York and American Stock Exchange will normally have symbols with three letters or fewer. On the other ... Read Answer >>
  2. 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 >>
  3. 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 >>
  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 isn't the EUR/USD currency pair quoted as USD/EUR?

    In a currency pair, the first currency in the pair is called the base currency and the second is called the quote currency. ... Read Answer >>
  6. 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 >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center