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200 000 Zlotys
| Issuer | Narodowy Bank Polski (National Bank of Poland) |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | 200 000 Zlotys (200 000 Złotych) (200 000 PLZ) |
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| Obverse description | Gold and dark brown guilloche underprint on a cream ground, with the denomination numeral 200000 in large red intaglio digits at centre-left, below the header inscription POLSKA RZECZPOSPOLITA LUDOWA. The value in words DWIEŚCIE TYSIĘCY ZŁOTYCH is set beneath the numerals, flanked on the left by an elaborate lathe-work wave vignette. To the right, a large dark rosette surrounds a circular red medallion bearing the Polish crowned eagle in white. Below centre, the NBP monogram watermark device, issue date WARSZAWA, 1 GRUDNIA 1989 r., and two facsimile signature columns appear over a grey watermark disc. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | NARODOWY BANK POLSKI WARSZAWA 200000 DWIEŚCIE TYSIĘCY ZŁOTYCH BANKNOTY EMITOWANE PRZEZ NARODOWY BANK POLSKI SĄ PRAWNYM ŚRODKIEM PŁATNICZYM W POLSCE |
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| Comments |
The 200,000 zloty note was among the highest denominations Poland had issued to that point, a direct response to the hyperinflationary spiral accelerating through the late communist and early transitional period. By 1989, the official exchange rate had become largely fictitious, and the parallel market told a different story entirely — the zloty lost roughly 640% of its value against the dollar over the course of that year alone.
The denomination itself became obsolete within a few years, rendered trivial by further inflation before the 1995 redenomination replaced 10,000 old złotych with a single new złoty.