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Swiss Franc

The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia, which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. It is also designated through the currency signs Fr. (in German), fr. (in French, Italian, and Romansh), or CHF (in any other language), which stands for Confoederatio Helvetica Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions. The smaller denomination, a hundredth of a franc, is a Rappen (Rp.) in German, centime (c.) in French, centesimo (ct.) in Italian, and rap (rp.) in Romansh. The official symbols Fr. (in German) and fr. (in the Romance languages) are widely used by businesses and advertisers, including in English. However, according to Art. 1 SR/RS 941.101 of the federal law collection, the internationally official abbreviation – regardless of the national languages – is CHF, which is also to be used in English; respective guides also request that the ISO 4217 code be used. The use of SFr. for Swiss Franc and fr.sv. are outdated. As previously indicated, the Latinate "CH" stands for Confoederatio Helvetica; given the different languages used in Switzerland, Latin is used for language-neutral inscriptions on its coins.

Poland złoty

The złoty (alternative spelling: zloty; Polish: polski złoty, Polish: [ˈzwɔtɨ] ; abbreviation: zł; code: PLN) is the official currency and legal tender of Poland. It is subdivided into 100 groszy (gr). It is the most-traded currency in Central and Eastern Europe and ranks 21st most-traded in the foreign exchange market. The word złoty is a masculine form of the Polish adjective 'golden', which closely relates with its name to the guilder, whereas the grosz subunit is based on the groschen, cognate to the English word groat. It was officially introduced to replace its interim predecessor, the Polish marka, on 28 February 1919 and began circulation in 1924. The only bodies permitted to manufacture or mint złoty coins and banknotes are the Polska Wytwórnia Papierów Wartościowych (PWPW), founded in Warsaw on 25 January 1919, and Mennica Polska, founded in Warsaw on 10 February 1766. As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złoty (PLZ) became one new złoty (PLN). As a member of the European Union, Poland is obligated to adopt the euro when all specific conditions are met; however, there is no time limit for fulfilling all of them. Currently, Poland is not in the European Exchange Rate Mechanism (ERM II).