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500 Zlotych

Issuer Narodowy Bank Polski
Year 1946
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Currency Second Zloty (1924-1949)
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Reverse lettering PIĘĆSET ZŁOTYCH
BILETY NARODOWEGO BANKU POLSKIEGO SĄ PRAWNYM ŚRODKIEM PŁATNICZYM W POLSCE
NBP
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Protection type Watermark
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Comments

Poland's postwar monetary reconstruction was complicated by the coexistence of multiple issuing authorities in the mid-1940s. This 1946 series came from Narodowy Bank Polski as the communist-backed government worked to displace the London-exile government's financial structures and assert sole monetary authority over the country. The 500 Złotych denomination was substantial — enough to matter in a period of acute inflation driven by wartime destruction, reparations demands, and Soviet-aligned economic reorganization.

The series was short-lived. The 1950 currency reform exchanged old złotych at punishing rates, effectively wiping out savings and rendering notes of this type economically worthless almost overnight.

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