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Latest revision as of 00:00, 14 October 2022

Picture of the day archives: 2022 September < 2022 September 12 2022 September 14 > Picture of the day Polish złoty
  • 1794 Polish five-złoty banknote 5 złotych
  • 1794 Polish ten-złoty banknote 10 złotych
  • 1794 Polish twenty-five-złoty banknote 25 złotych
  • 1794 Polish fifty-złoty banknote 50 złotych
  • 1794 Polish one-hundred-złoty banknote 100 złotych

The Polish złoty is the official currency of Poland. While originally existing only as coinage, radical changes to the currency were made during the Kościuszko Uprising in 1794. The second partition of the vast Polish–Lithuanian Commonwealth resulted in the loss of approximately 200,000 square kilometres (77,000 sq mi) of land and precipitated an economic collapse. The widespread shortage of funds to finance the defense of remaining territories forced the insurrectionist government to look for alternatives. In June 1794, the Polish military leader Tadeusz Kościuszko began printing paper money as a substitute for coinage, which could not be minted in required quantities. The first Polish banknotes were issued on 8 July 1794. The banknotes depicted here, in five denominations from five to one hundred złotych, are from the first issue in 1794 and today form part of the National Numismatic Collection at the Smithsonian Institution.Banknote design credit: Kingdom of Poland; photographed by Andrew Shiva

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