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base info Lido DAO

Lido DAO to Polish Złoty Converter and calculator

Convert 1Lido DAO (LDO) to Polish Złoty (PLN) equals zł 7.89 | Bitget

PLN information

About the Polish Złoty (PLN)

What Is the Polish Złoty (PLN)?

The Polish Złoty, abbreviated as PLN, is the official currency of Poland. Its name, derived from the Polish word for 'gold', reflects its historical value. The symbol of the Polish Złoty is "zł". This symbol is derived from the first two letters of the word "złoty". The symbol is typically used in price tags, financial reports, and other contexts within Poland to denote the amount in złoty, such as 50 zł for fifty złoty. The złoty is subdivided into 100 grosz (gr). The Polish Złoty is the sole legal tender in Poland, and it is used for all transactions within the country.

The Polish Złoty is issued by the National Bank of Poland (Narodowy Bank Polski, NBP), which is the central bank of Poland. The NBP is responsible for the issuance and regulation of the Polish currency, managing its circulation, and maintaining its stability. Additionally, the bank plays a crucial role in implementing monetary policy, overseeing the banking system, and maintaining the country's foreign reserves.

What Is the History of PLN?

The first tangible currency in Poland was the denarius, circulating since the 10th century. The złoty, initially used for foreign gold coins like ducats and florins, was officially introduced in 1919, replacing the Polish marka. During the Kościuszko Uprising and subsequent partitions, the złoty underwent significant changes. The introduction of paper money and the fluctuation in value due to political upheavals marked this era. After World War II, the złoty was reintroduced and underwent redenomination in 1950 and again in 1995 due to hyperinflation. The modern złoty (PLN) replaced the old złoty (PLZ) at a rate of 10,000:1.

Notes and Coins of PLN

The currency comes in various denominations. Banknotes are commonly available in 10, 20, 50, 100, 200, and 500 złoty, while coins are minted in denominations of 1, 2, 5, 10, 20, and 50 grosz, and 1, 2, and 5 złoty. Modern banknotes have advanced security features, including watermarks and unique designs to prevent counterfeiting. The minting of coins and printing of banknotes are also managed under the authority of the National Bank of Poland.

Economic Significance and Exchange Rate

The Polish Złoty (PLN) is crucial to Poland's economy and significant in Central and Eastern European financial markets. As the nation's official currency, it underpins all domestic financial transactions. Governed by a floating exchange rate system, the Złoty's value fluctuates based on Poland's economic performance, interest rates, inflation, and global economic conditions. This fluctuation makes its exchange rate against major currencies like the Euro and US Dollar a vital indicator for investors and economic policymakers. The Złoty's stability is key to attracting foreign investment and maintaining healthy trade relationships. While there is ongoing discussion about Poland potentially adopting the Euro in accordance with its EU membership, the Złoty remains Poland's official currency, highlighting its significance in both the national and regional economic spheres.

Is Polish Złoty Pegged to the Euro?

The Polish Złoty (PLN) operates under a floating exchange rate system and is not pegged to the Euro (EUR). Although Poland is a member of the European Union, it has retained its own currency and has not yet met the necessary convergence criteria to adopt the Euro. In the floating exchange rate system, the value of the Złoty is determined by market forces of supply and demand in relation to other currencies. The decision to transition to the Euro will depend on Poland's fulfillment of these criteria, but until then, the Złoty remains an independent currency, subject to market fluctuations.

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Bitget crypto-to-fiat exchange data shows that the most popular Lido DAO currency pair is the LDO to PLN, with for Lido DAO's currency code being LDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PLN.

LDO to PLN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Lido DAO has changed -5.38% to PLN. Based on the trend and price charts, Lido DAO(LDO) has changed -5.38% to PLN while Polish Złoty(PLN) has changed % to LDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
zł8.05
0.0001% / 0.0004%vip-iconVIP
Binance
zł8.04
0.1000% / 0.1000%
Yes
OKX
zł8.04
0.080% / 0.100%
Yes
Huobi
zł8.05
0.1000% / 0.1000%
Yes
Gate.io
zł8.03
0.1000% / 0.1000%
Yes
Bybit
zł8.04
0.1000% / 0.1000%
Yes
KuCoin
zł8.02
0.1000% / 0.1000%
Yes
Bitfinex
zł8.06
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 11:00:37(UTC+0)

What factors influence the conversion rate of Lido DAO to Polish Złoty?

Lido DAO to Polish Złoty is falling this week.
Lido DAO's current market price is zł 7.89 per LDO, with a total market cap of zł 7,034,513,007.16 PLN based on a circulating supply of 891,731,000 LDO. The trading volume of Lido DAO has changed by -4.49% (zł -35,964,196.94 PLN) in the last 24 hours. Last trading day, LDO's trading volume was zł 800,413,890.69.
Market cap
$1.75B
24h volume
$189.69M
Circulating supply
891.73M LDO

Conversion tables

The exchange rate of Lido DAO is decreasing.
1 LDO is currently valued at zł 7.89 PLN , which means buying 5 LDO will cost zł 39.44 PLN . Similarly, zł1 PLN can be traded for 0.1268 LDO, and zł50 PLN can be converted to 6.34 LDO, excluding any platform or gas fees.
The exchange rate of 1 LDO to Polish Złoty has changed by -25.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.38%, reaching a high of 8.4 PLN and a low of 6.25 PLN . One month ago, the value of 1 LDO was zł 11.81 PLN , which represents a -33.17% change from its current value. Over the last year, Lido DAO has changed by
-
2.5PLN
, resulting in a change of -24.04% in its value.

LDO to PLN

Amount
11:38 am today
0.5 LDO
3.94
1 LDO
7.89
5 LDO
39.44
10 LDO
78.89
50 LDO
394.43
100 LDO
788.86
500 LDO
3,944.3
1000 LDO
7,888.6

PLN to LDO

Amount11:38 am today
0.5PLN0.06338  LDO
1PLN0.1268  LDO
5PLN0.6338  LDO
10PLN1.27  LDO
50PLN6.34  LDO
100PLN12.68  LDO
500PLN63.38  LDO
1000PLN126.77  LDO
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Today vs. 24 hours ago

Amount11:38 am today24 hours ago24h change
0.5 LDO$0.9788$1.03
-5.38%
1 LDO$1.96$2.07
-5.38%
5 LDO$9.79$10.34
-5.38%
10 LDO$19.58$20.69
-5.38%
50 LDO$97.88$103.44
-5.38%
100 LDO$195.75$206.88
-5.38%
500 LDO$978.76$1,034.39
-5.38%
1000 LDO$1,957.52$2,068.79
-5.38%

Today vs. 1 month ago

Amount11:38 am today1 month ago1M change
0.5 LDO$0.9788$1.46
-33.17%
1 LDO$1.96$2.93
-33.17%
5 LDO$9.79$14.65
-33.17%
10 LDO$19.58$29.3
-33.17%
50 LDO$97.88$146.48
-33.17%
100 LDO$195.75$292.95
-33.17%
500 LDO$978.76$1,464.76
-33.17%
1000 LDO$1,957.52$2,929.52
-33.17%

Today vs. 1 year ago

Amount11:38 am today1 year ago1Y change
0.5 LDO$0.9788$1.29
-24.04%
1 LDO$1.96$2.58
-24.04%
5 LDO$9.79$12.89
-24.04%
10 LDO$19.58$25.77
-24.04%
50 LDO$97.88$128.87
-24.04%
100 LDO$195.75$257.74
-24.04%
500 LDO$978.76$1,288.68
-24.04%
1000 LDO$1,957.52$2,577.37
-24.04%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.