Finesentence mobile logo
Sign in Login / Register

Zloty Meaning: Definition, Examples, and Translations

๐Ÿ’ฐ
Add to dictionary

zloty

[หˆzlษ’ti ]

Definition

Context #1 | Noun

currency unit

The zloty is the official currency of Poland, symbolized by PLN. It is subdivided into 100 groszy. The term 'zloty' means 'golden' in Polish, reflecting its historical connection to gold coins. Since its introduction, the zloty has undergone several transformations, especially during periods of economic change in Poland. The zloty has been in usage since the Middle Ages, evolved through various historical events, and adapted to modern economic standards.

Synonyms

PLN, Polish currency.

Examples of usage

  • I exchanged my dollars for zloty at the airport.
  • Prices in Poland are listed in zloty.
  • The zloty has strengthened against the euro this year.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Historical Origins

  • The zloty was first introduced in the 14th century, making it one of the world's older currencies.
  • During World War II, the zloty was replaced by the Reichsmark, showing its tumultuous history.
  • In 1989, a new zloty was introduced to stabilize Poland's economy after communism.

Pop Culture

  • In the 2000s, several Polish films and music videos showcased zloty bills as symbols of wealth.
  • Street vendors in cities like Warsaw often accept zloty but might also take euros, reflecting tourism's impact.
  • Polish pop songs sometimes reference money, with zloty representing success or aspirations.

Economics

  • The zloty is divided into 100 groszy, similar to cents in dollars, making it easier to handle small purchases.
  • Exchange rates for the zloty can fluctuate, affecting how much itโ€™s worth compared to other currencies.
  • In recent years, the zloty has shown resilience against economic changes in Europe.

Art and Design

  • Zloty banknotes feature notable Polish figures and landmarks, showcasing the country's rich culture.
  • The designs on the notes include historical events, adding an artistic flair to the currency.
  • Newer zloty notes have upgraded security features, combining art with technology.

Origin of 'zloty'

Main points about word origin

  • The word 'zloty' comes from the Polish term for 'golden', reflecting its historical value.
  • Originally, the zloty was based on a gold standard, linking its worth to actual gold.
  • The singular form is 'zloty' while the plural is 'zlotych', showing a unique grammatical structure.

The term 'zloty' originates from the Polish word 'zล‚oty', which means 'golden'. This currency evolved from the medieval gold and silver coins that were used in the Polish region. Its first known use as a currency dates back to the 14th century. Throughout history, the zloty has undergone significant changes due to economic, political, and historical events. The current form of the zloty was introduced in 1995 as part of a currency reform, replacing the old zloty at a rate of 1 new zloty to 10,000 old zlotys. This reform aimed to stabilize the economy of Poland after the fall of communism and transition to a market economy. Today, the zloty plays a crucial role in the economy of Poland and is recognized as one of the most stable currencies in the region.

Word Frequency Rank

This word's position of #34,730 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.