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unusual facts about złoty



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Polish złoty |

Countess Karolina Lanckorońska

In 1967 Lanckorońska established the Lanckoroński Foundation, which promotes and supports Polish culture, awarding over a million złotych per annum (US $330,000) for scholarships, publication of learned books, research into Polish archives in countries such as Lithuania, Belarus and Ukraine, and similar projects.

Polish złoty

In 1496 the Sejm approved the creation of a national currency, the złoty, and its value was set at 30 groszy, a coin minted since 1347 and modelled on the Prague groschen.

Vistula Land

The former Kingdom of Poland continued to use the Polish currency (złoty) and the Administrative Council retained some of its privileges (although it was directly controlled by the Russian governor Field Marshal Ivan Paskevich).

Władysław Grabski

Grabski’s (and the ministerial cabinet’s) great achievement in those years was the foundation of the Bank of Poland and the creation of the new Polish currency – the gold-based złoty which replaced the Polish mark.

He became an outward looking visionary, a man who would be responsible for creating the Bank of Poland and implementing the Polish currency.


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