On Friday, April 25, 2025, the Polish zloty is experiencing a mixed day in currency markets, stabilizing against the euro while slightly weakening against the US dollar. At approximately 8:20 AM, one euro costs 4.27 PLN, unchanged from Thursday evening. The dollar, however, has seen a slight increase, priced at 3.77 PLN compared to 3.75 PLN the previous evening. In contrast, the zloty is slightly strengthening against the Swiss franc, which costs 4.53 PLN, down from 4.54 PLN the night before.
As the day progresses, the average exchange rates reported by the National Bank of Poland (NBP) after 12:05 PM show the dollar at 3.7611 PLN, the euro at 4.2688 PLN, the Swiss franc at 4.5278 PLN, and the British pound at 5.0033 PLN. The zloty is now losing value against major currencies, with its basket depreciating by 0.05%.
Market analysts are closely watching the fluctuations. Cezary Chrapek, an economist at Bank Millennium, commented on the current state of the zloty, stating, "On the zloty market, we have stabilization. After a depreciation at the beginning of April, we are now oscillating in the range of 4.26-4.30/EUR. However, there remains significant uncertainty regarding American tariffs, and the market reacts nervously to information coming from President Trump’s administration."
This uncertainty is echoed in a morning report from economists at Alior Bank, who point out that the zloty’s potential for strengthening is limited by the prospect of interest rate cuts by the Monetary Policy Council in May. As the market sentiment improves in anticipation of further announcements from Trump, the zloty continues to face pressure.
Regarding the daily performance of the zloty, the EUR/PLN exchange rate is depreciating by 0.04%, establishing daily highs at 4.2843 PLN and lows at 4.2662 PLN. Meanwhile, the USD/PLN exchange rate has strengthened by 0.29%, with daily highs at 3.7795 PLN and lows at 3.7503 PLN. The CHF/PLN exchange rate is down by 0.10%, oscillating between 4.5478 PLN and 4.5168 PLN. The GBP/PLN exchange rate has seen a minor increase of 0.05%, with daily highs at 5.0210 PLN and lows at 4.9952 PLN.
As the NBP updates its exchange rates, these figures will remain valid until Monday when a new table is expected to be released around 11:45 AM to 12:15 PM. Investors are advised to remain vigilant, as the landscape can shift quickly based on economic announcements and geopolitical developments.
Historically, the dollar has played a significant role in global finance. On April 25, 2025, at 7:00 AM, the dollar exchange rate against the zloty was recorded at 3.7723 PLN. The dollar, which is the official currency of the United States and several territories, remains one of the most traded currencies worldwide. It is divided into one hundred cents and has a rich history that dates back to its first issuance by the United States Mint in 1792.
Initially based on Spanish coins, the dollar became the sole official currency of the United States in 1857, when the government ceased to recognize other currencies. The first dollar banknotes were introduced in 1861 during the Civil War, and over the years, the dollar has evolved to become the dominant global currency, especially after the Bretton Woods conference in 1944.
Currently, there are over 2 trillion dollars in circulation, reflecting its status as a key player in international trade. Notably, in July 2022, the dollar reached parity with the euro for the first time since 2002, meaning one dollar equaled one euro.
As Friday progresses, the market will be keenly observing any new developments that could influence the zloty and other currencies. The interplay between domestic monetary policy and international economic conditions will continue to shape the financial landscape in Poland and beyond.
