Catalog
| Issuer | Narodowy Bank Polski (National Bank of Poland) |
|---|---|
| Year | 1993 |
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| Size | 138 × 63 mm |
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| Obverse lettering | RZECZPOSPOLITA POLSKA MILION ZŁOTYCH WARSZAWA, 16 LISTOPADA 1993 r. PREZES NARODOWEGO BANKU POLSKIEGO GŁÓWNY SKARBNIK NARODOWEGO BANKU POLSKIEGO WŁADYSŁAW REYMONT (Translation: REPUBLIC OF POLAND ONE MILLION ZLOTYCH WARSAW, 16 NOVEMBER 1993 PRESIDENT OF THE NATIONAL BANK OF POLAND MAIN TREASURER OF THE NATIONAL BANK OF POLAND WŁADYSŁAW REYMONT) |
| Reverse description | A large, spreading oak tree dominates the central vignette, with a rural thatched farmhouse and low outbuildings visible in the middle ground beneath its canopy, evoking the Polish countryside landscape associated with Reymont's literary work. A decorative guilloche panel occupies the upper right, alongside the NBP monogram in script. The denomination 1000000 appears both at the upper right and in large numerals along the lower register, with the words MILION ZŁOTYCH below. |
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| Comments |
By 1993, Polish inflation had compelled the Narodowy Bank Polski to issue denominations that would have seemed absurd a decade earlier. This million-złoty note was a direct consequence of the hyperinflationary spiral that followed communist-era price controls being lifted after 1989 — at its worst, annual inflation exceeded 600% in 1990. The note circulated only briefly before the 1995 redenomination replaced 10,000 old złotych with a single new złoty, rendering the entire high-denomination series obsolete overnight.
Printed domestically by PWPW, which has operated continuously since the interwar period.