The Euro In Poland
About how to use the Euro when you travel in Poland and how to get the best exchange rates for the Euro.
Even though Poland, a member of the European Union, has not adopted the Euro and continues to use its own currency, the Zloty, the Euro is freely used throughout the country.
Poland is obligated, by reason of the terms of membership in the European Union, to adopt the Euro. But as to when that happens is a matter of conjecture. There is information about when that change might take place at the bottom of this page.
Travelers to Poland find that businesses that cater to tourists and foreign customers freely accept the Euro. Some businesses, particularly those on the border of Germany, post the daily Euro exchange rate so that people are able to make their own quick calculations.
The situation is different in the small towns and countryside where people are not used to serving travelers. When you go to such outlying regions you will do best to convert your Euro to zloty. That can be done at one of the many money exchange outlets that are known as KANTOR. You can find information about how a KANTOR works at this link called How To Exchange Money In Poland.
The exchange rate for the Euro to the Zloty is fixed by the National Bank of Poland. You can check the daily exchange rate for the Euro and all other currencies by going to the National Bank of Poland web site page that you find when you click on National Bank of Poland daily exchange rates.
You can also find a special service that allows you to convert a specific amount of any currency to Polish Zloty by going to this link called Currency Conversion.
Exchange rates offered by businesses, hotels and KANTOR can vary significantly from each other and they can vary significantly from that quoted by the National Bank. You will find that most often it is best to exchange your money at a Kantor.
As a helpful hint, you can also get zloty from any of the Bankomats that are all over Poland. When you come to Poland, they provide you a safe way to protect your money. You do not have to carry a lot of cash. You can withdraw just that number of Zloty that you need so you will not end up with a pocket full of money that you have to spend or convert again when you leave Poland.
And now back to the political situation concerting Polish currency matters. The prospects for an early adoption are slim. Even though Poland is obligated to make the change by treaty, Poland's President has said that he would put the matter to referendum in the year 2010. Additionally, the head of the Central Bank of Poland has said that Poland will only make the change when it is advantageous to Poland.
The President's decision to ask for a referendum on the matter indicates that he might ignore the requirements of the treaty made with the European Union. Add to that fact that the President of the National Bank of Poland is regarded as a political ally of the President, one can safely assume that early adoption is not to be expected under the current government. Of course, if there is a change in governments, there may be a change in Poland's position on the matter. It should be noted, however, that if the government changes, the President will stay in place and he can block efforts made by the government.