What’s Up With The Polish Money, Or, ”Is This Bread Home-Made?”
Something the first-time visitor to Poland might ask is, “What’s up with this Polish money?” Because after exchanging one’s pounds, euros or dollars at the local currency exchange, or kantor, as it’s known here in Poland, one receives paper money that, frankly, isn’t printed on the same kind of paper to which most westerners are accustomed.
Although an EU member since 2004, Poland has yet to adopt the euro as its official unit of currency. The present currency, the zloty, was redenominated in 1998, which required a new series of banknotes to be created. Publishing banknotes in Poland is the responsibility of the State Securities Printing House (PWPW SA) which uses Swiss technology and a printing press which apparently cost 25 million zloty in the late 1990s.
As a Canadian, I’ve often heard Americans refer to our own paper money as “funny money” or “Monopoly ™ Money” because of its multi-color denominations, in contrast to the USA’s uniform greenback color scheme used on all of its universally coveted currency. But I've never heard a complaint about the money's tactile quality.
I’m sure we’ve all heard the old adage that something isn’t worth the paper it’s printed on. However, in Poland, although the currency has a clearly defined value, it’s the paper itself that doesn’t seem worthy of being used for printing a banknote. It doesn’t seem designed for money intended for long-term circulation; it tends to rip and tear easily; and it can’t withstand a good washing and a spin cycle if you happen to leave a few notes in your jeans.
My impression is that Poles generally don’t like their currency and at the slightest sign of wear or defect, they will refuse to accept a given banknote, whether it be a small rip (don’t even think about mending it with scotch tape); a torn corner; or some graffiti or burn mark on a note. Case in point: a few weeks ago, I was the unlucky recipient of a somewhat worn 20zl note that also happened to have what appeared to be a small brown mark upon it, which looked like someone had held a lighter to it for a second or so, as if to make some kind of statement, whatever that might be.
Anyway, the proprietor at one of the local shops refused it, citing said damage, and was somewhat irate, as if I was trying to pull a fast one on him by attempting to pass this sub-standard zloty. Relating this story to a friend, he confirmed that he’d had similar experiences here with crappy paper money and that many merchants are wary of accepting any bill that appears “damaged”, lest their bank not accept it.
So, wherein lies the problem? With the people who pull such stunts and try to deface the money, or the quality of the banknotes themselves? Maybe it’s time for a new and improved zloty, printed on a better grade of paper that can endure a longer circulation period, and feels more like the paper upon which the currencies of other EU countries, both euro and non-euro using, is printed.