Lowest Spreads and Flexible Terms.
The złoty is strengthening after Friday’s sell-off. The euro and dollar are falling.
With 1000 zł you can buy about 227 euros today, and the dollar costs less than 4 zł
The start of the week brought some calm to the currency market. For people exchanging money in Poland, more important than the level of the rates themselves is that EUR/PLN has slipped back below 4,39 zł, while USD/PLN fell to 3,9258 zł. That means that for 1000 zł you can buy about 227 euros or about 254 dollars today.
In practice, the złoty has recovered part of its losses after Friday’s sell-off. The euro rate was at 4,3894 zł in the morning, down from Friday before noon, when it stood at 4,3941 zł. On 5000 zł, the difference from that level is small, but with larger amounts it starts to be noticeable.
The move is even clearer in the dollar. USD/PLN fell to 3,9258 zł and was nearly half a percent lower in the morning than at Friday’s close. For someone converting a salary or savings, that means a slightly better dollar buying rate than at the end of last week.
The złoty was supported by lower oil prices and diplomatic signals suggesting a possible de-escalation of tensions in the Middle East. Brent crude prices remained around 2-month lows after falling by nearly 16% last week. That improved sentiment toward regional currencies.
Against that backdrop, CHF/PLN changed the least. The Swiss franc was trading at 4,7997 zł in the morning, just below the psychological 4,80 zł level. The British pound, meanwhile, remained close to Friday’s close at 5,2640 zł.
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