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Archives / 2009 / Polonia - UK, Ireland / posts: 12

exchange rates - zloty to pound



chrisscoleThreads: 3
Posts: 10
Joined: Apr 12, 08 		  Apr 12, 08, 06:55 /  #
Hi.

Have been speaking to some Poles in the UK and they seem to think the government is going to put the exchange rate up a bit in Poland, to encourage tourism over summer. Anyone know anything about this? I would like to know as I'm moving out to Poland (while still working for a UK company) for 6 months plus and have been a bit gutted as I've seen the zloty getting slowly stronger. Has gone from 4.7zl - £1 to 4.3zl in the last three months!

Chris
ukpolskaThreads: 51
Posts: 2,238
Joined: Oct 23, 06  Gold Member MEMBER 		  Apr 12, 08, 07:27 /  #
*quote*
Has gone from 4.7zl - £1 to 4.3zl in the last three months!

I remember when I first moved here in 1999 the rate was 7.4zl to the £1, and we lived like kings for the first six months until my money ran out lol
SeanusThreads: 22
Posts: 30,158
Joined: Dec 25, 07 		  Apr 12, 08, 07:59 /  #
I'm waiting for the day when 1 z這ty is 1 pound. 55,000 a year, hey yes!! It's so much cheaper here too.
chrisscoleThreads: 3
Posts: 10
Joined: Apr 12, 08 		  Apr 12, 08, 09:18 /  #
if that ever happens, I'll be leaving my UK job very quickly.
tonykennyThreads: 21
Posts: 143
Joined: Aug 4, 08 		  Feb 16, 09, 14:58 /  #
Thread attached on merging:
What has happened to the Z這ty?

Maybe somebody can explain...

When I came to Poland last year, I was lucky to get 3.8 z這ty for each of my UK pounds that I brought with me. Ok, 3.9 or 4.0 if I found a better place. So, this meant that the money I saved for moving here didn't last long, just a few months before I got 5.2 so that would have been better.

Here I am many month on and having to pay a couple of bills each month back in the UK. I'm shocked today to see the base exchange rate at something like 5.39 z這ty to 1 GBP.

Just my luck, the exchange rates were the wrong way around for me. What has made the z這ty so weak recently? I thought the UK was financially screwed and the Polish economy a little more resistant to the current strains. I hear things have got pretty bad in Ukraine too with prices getting very high very quickly.

Sounds like I chose the wrong time to head East.
joo whoThreads: -
Posts: 114
Joined: Dec 10, 07 		  Feb 18, 09, 04:27 /  #
Just checked forex site and the zloty is trading at a mid rate of 5.53 to the pound! Good news for me as all my income is still in pounds!
Maybe the recession is just starting to hit Poland? I,m hoping we get back to 7 PLN to the £! Anyone know the forecasts?
DaveyThreads: 17
Posts: 436
Joined: Jun 29, 07 		  Feb 18, 09, 04:32 /  #
I still think the z這ty is so cheap compared to the dollar
Easy_TerranThreads: 4
Posts: 473
Joined: Mar 31, 08 		Edited by: Easy_Terran   Feb 18, 09, 04:32 /  #
joo who:
5.53 to the pound!

1.00 GBP = 5.56052 PLN (Live rates at 2009.02.18 03:30:33 UTC, www.xe.com/ucc)

When I was PL last September, the rate was 1 USD = 2.1 PLN
1.00 USD = 3.90199 PLN

How many more Tyskie could I have bought with THAT difference...?
joo whoThreads: -
Posts: 114
Joined: Dec 10, 07 		  Feb 18, 09, 04:38 /  #
Still rising!! Whoop whoop!
It's 4.30 in the morning ffs!! WTF we doin up checkin forex to 0.03 of a decimal place?? How many sleeping tabs can I buy for my zloty tonight?!

;0)
tonykennyThreads: 21
Posts: 143
Joined: Aug 4, 08 		  Feb 18, 09, 15:11 /  #
I earn zloty and have to pay a couple of bills back in the UK. This is seriously denting my confidence in remaining here. Maybe I'll have to go back to England and join the unemployment queue.. still at least I'll earn more on the dole than I do here working :p
time meansThreads: 9
Posts: 2,306
Joined: Apr 21, 08  Pictures: 1 		  Feb 18, 09, 15:18 /  #
5.5 at the moment. maybe i should get some for the holidays :-)
tonykennyThreads: 21
Posts: 143
Joined: Aug 4, 08 		  Feb 18, 09, 18:49 /  #
If you'r coming to Poland then yes, I'd say do it now. Even with the crappy rates you'll get in the UK exchange offices you'll still get a good deal.

If you're coming soon tho, I'd change the money at a Kantor in Poland - always better rates than in England if you bring cash.

And for goodness sakes, don't make my msitake and bring travellers cheques, really, they were worth their weight in shite - i paid commission to buy them, a shitty rate to exchange them AND a banking admin charge to exchange them....and it took >30 minutes...

T
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