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If you are making plans to travel to Poland in the near future, you may need to exchange some of your cash for zloty, the country’s official currency. The foreign currency symbol is the PLN.
Although Poland is a member of the European Union, lately the euro is accepted as a means of payment.
This article covers everything you want to know about converting USD to PLN, plus where to find the most productive exchange rates and how to pay the highest fees for your conversion.
Calculating a conversion from dollars to zloty is simple. You can perform the conversion using a conversion calculator or do it manually.
Using a currency conversion calculator is the simplest way to get an estimate when converting a currency. Since exchange rates vary daily, using a calculator can ensure the accuracy of your calculations.
Keep in mind that currency exchange comes with additional payouts that a conversion calculator probably couldn’t predict. For example, credit card companies and ATM networks generally charge a 1% conversion payment on all overseas transactions. Individual merchants may also apply additional fees. Payments if you ask them to convert the value of an item to their country’s currency at checkout.
The other option is to perform the calculation manually using an undeniable mathematical formula. However, for this it is necessary to know the existing exchange rate. At the time of writing, $1 USD is worth 4. 79 PLN.
Once you know this information, multiply the amount you have in USD by the existing exchange rate. The resulting number will show you how much PLN you want to spend on your trip.
Let’s say you have 500 USD and you need to know how much zloty you have for Poland. Using the existing exchange rate, your conversion formula would look like this:
500 USD x 4. 79 = 2. 395 PLN
When you’re in a position to buy zloty, it’s a smart idea to plan ahead to ensure you pay as few fees as possible. Here are three tactics to get the currency you want and minimize the fees you’ll be charged:
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