Glossary: zloty

DEFINITION:
Polish national currency (Polish spelling zloty) nominally divided into 100 groszy. Became convertible with Western currencies January 1, 1990. In March 1990, US$1 equalled 9,824 zloty; in March 1991, the exchange rate was US$1=9,520 zloty; in March 1993, it was US$1=16,330 zloty.

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