The article presents a monetary history of Poland after 1795. Following the Partitions, the Polish lands that had been incorporated into the structures of foreign states ultimately found themselves subject to the monetary systems of the partitioning powers. The rebirth of the Polish state in 1918 began a difficult period for the currency. Hyperinflation at the time was brought to an end by the currency reform of 1924. The zloty then introduced lasted until the outbreak of the World War II. After the War, the degeneration of money within the socialist economy reduced the role of the zloty to that of a humble medium of day-to-day exchange. The rehabilitation of the national currency began in 1990. At no little cost, the zloty was restored to the position of a robust currency that again generates confidence.

Keywords: Poland, gold standard, Polish mark, zloty, inflation, monetary policy.

  Grzegorz Wójtowicz, The Origin and History of the Polish Money. Part II - plik pdf; (214 KB)