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hrvatski · Joined: 16 Nov 2008 Posts: 270

Well, maybe not for those earning here, but for tourists things must be a bit more attractive than last summer.

1USD = 3.5PLN
1GBP = 5PLN
1AUD = 2.2PLN
1EURO = 4.5PLN

Mind you, no one has any spare cash for holidays now anyway.

So... is Poland cheap again?

sharter · Joined: 25 Jun 2008 Posts: 878 Location: All over the place

5 to a pound again...now that's more like it.

Speak for yourself about the cash.

dynow · Joined: 07 Nov 2006 Posts: 1080

considering how all the prices in Poland have gone up considerably over the past couple years, especially real estate......no, it's not cheaper.

maniak · Joined: 06 Feb 2008 Posts: 194

Yup if Poland needed anything else its more idiot tourists barfing in ryneks and being ripped off, sign me up for that there hrvatski.

hrvatski · Joined: 16 Nov 2008 Posts: 270

Real estate just got a little cheaper, even rent has gotten cheaper since October 2008 (my landlady actually lowered my rent yesterday by 100zł!). Sure the days of spending like a king are over, but it would make for a noticable difference in the wallet to the average traveller.

With the weak złoty the summer tourist season might be stronger than 2008's fairly lousy one, however fallout from the financial crisis might nullify that.

sharter · Joined: 25 Jun 2008 Posts: 878 Location: All over the place

For much of the past decade, the Zl traded at over 5 to a pound......it's got some way to go before it's weak.

Things will get a little cheaper there and property prices will go down. When you have house price inflation like that overtime you're heading for a fall. The UK decade long boom was based on this and now house prices are falling steadily. 15% last year...predicted another 10-15% this year. What happened in Poland was speculation plain and simple. Everyone's made their lolly now.

Lol...more drunken tourists...as opposed to drunken Poles or EFL teachers!! BTW-Are you Polish?

hrvatski · Joined: 16 Nov 2008 Posts: 270

If you're asking me, no I'm not Polish.

anospi · Posted: Thu Feb 05, 2009 4:45 am Post subject:

1USD = 3.62PLN
1GBP = 5.24PLN
1AUD = 2.33PLN (Hasn't been this low since I first came to Poland in 2006)
1EURO = 4.65PLN

The zloty is getting worse. I'm returning in a month, but I think I'm going to buy up with my Aussie dollars now.

hrvatski · Joined: 16 Nov 2008 Posts: 270

I believe it will hit 4PLN to the US dollar in about 2-3 weeks, things are gonna get worse before they get better after all. I read an article by some Polish 'experts' the other day that it should go back to about 2.9PLN to the US dollar around July. Mind you, the opinion of experts lately has been proven to be worth less than the paper they're written on.

Richfilth · Joined: 24 Sep 2007 Posts: 225 Location: Warszawa

Poland's currency woes are down to a prolonged speculative attack which the national bank can do sweet FA about. They haven't the cash reserves to create a market swing in the opposite direction, and changing interest rates sends the wrong signals to foreign investors, so for the time being it's simply a matter of going with the flow.

When it comes to the crisis, Poland lives up to another of its stereotypes; three Poles, four opinions.

the new guy · Joined: 19 Oct 2006 Posts: 127

when i arrived in PL in mid September 08, it was 1 CAD = 2.16PLN

today its

Live rates at 2009.02.06 00:18:25 UTC
1.00 CAD = 2.92212 PLN
Canada Dollars Poland Zlotych
1 CAD = 2.92212 PLN 1 PLN = 0.342218 CAD

Up almost 80 grosze. :O

dynow · Joined: 07 Nov 2006 Posts: 1080

this currency fluctuation is also not so good for those of us who are paying mortgages borrowed in Swiss Francs...... Sad

hrvatski · Joined: 16 Nov 2008 Posts: 270

Hey at least we're not in Iceland or the Ukraine!

dynow · Joined: 07 Nov 2006 Posts: 1080

wow. that just sounds like a bad idea, crisis or not......Iceland.....Ukraine.......uhmmmm......no thanks.