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20 Cents Foreign Exchange Certificate

Uitgever Bank Polska Kasa Opieki S.A.
Jaar 1969
Type Log in om details te zien
Waarde 20 Cents (20 Centów) (0.20)
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Green note with fine guilloche border and light green underprint throughout. Central oval guilloche vignette carries the denomination $0,20$ in orange letterpress; the large "P" monogram of Bank Polska Kasa Opieki appears above. Bilingual text panels flank the vignette, with the Polish denomination DWADZIEŚCIA CENTÓW in red across the lower register and the issuing bank name and date along the bottom margin.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde $0,20$
BONY TOWAROWE BANKU POLSKA KASA OPIEKI S.A NIE PODLEGAJĄ
UMORZENIU I W ZAMIAN BONÓW UTRACONYCH NIE WYDAJE SIĘ
DOKUMENTÓW ZASTĘPCZYCH
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

Bank Polska Kasa Opieki — PKO — issued these Foreign Exchange Certificates as a mechanism to capture hard currency inside Poland's closed economy. Foreigners and Poles receiving remittances from abroad were effectively required to exchange dollars, marks, or other Western currencies for these certificates, which could then be spent only at Pewex stores — the state-run hard currency shops that stocked goods unavailable through normal socialist retail channels.

The system was nakedly extractive: it kept real currency out of private hands while giving the state access to Western funds it desperately needed. The 1969 series was printed domestically by PWPW in Warsaw, unusual for satellite-state hard currency instruments of the period, which were often contracted abroad.

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