The złoty is the official currency of Poland. The name is derived from the Polish adjective “golden”. The official currency symbol: zł. The złoty (golden) in Poland dated back to the midden ages, from the 14th and 15th centuries when the name was used for all foreign gold coins used in Poland. In 1496, the Sejm (Sejm of the Republic of Poland) approved creating a national currency known as the first złoty. A second złoty was introduced in 1924, replacing the marka (currency of the Kingdom of Poland and the Republic of Poland between 1917 and 1924). In 1939, the government introduced banknotes in denominations of 1, 2, 5, 10, 20, 50, 100 and 500 złoty. After German established the General Government and the Communist Poland periods, a third złoty (PLZ) was introduced, replacing all the notes issued before 1948; from there, the banknotes issued were a stable version. The banknotes issued in these third series were redenominated at a rate of 10,000 PLZ to a 1 PLN (new złoty), and all the legal tenders previously emitted as PLZ denominations were exchangeable into the PLN until the date of each value’s withdrawal. After 31 December 2010. Currently are circulating banknotes in denominations of 10, 20, 50, 100, 200, 500 złoty.
The 20 złotych commemorative note front design features the portrait of Józef Klemens Piłsudski (1867 – 1935), a Polish statesman who served as the Chief of State and First Marshal of Poland, the crowned White Eagle (Emblem of the Polish Republic) within a shield and a holographic sketch of the Belweder Palace in Warsaw (Capital city). The reverse of the note presents a depiction of the Grand Cross (with Star) of the Order of Virtuti Militari, which was awarded to Marshal Józef Piłsudski, the badge of the First Brigade of the Polish Legions, the eagle badge of the Polish Legions and a holographic sketch of the Belweder Palace. The lettering of the note is presented in the Polish language. This note is part of the 2014 commemorative series ‘’The Centenary of the Formation of the Polish Legions’’. Its color is green, brown, yellow, and blue.
Text: RZECZPOSPOLITA POLSKA, DWADZIEŚCIA ZŁOTYCH, JOZEF PIŁSUDSKI, 20 WARSZAWA, 16 STYCZNIA 2014 r. PREZES NARODOWEGO BANKU POLSKIEGO, GLOWNY SKARBNIK NARODOWEGO BANKU POLSKIEGO, NBP, Narodowy Bank Polski, NARODOWY BANK POLSKI, 20, MILI, VIR, TUTI, TARI, BANKNOTY EMITOWANE PRZEZ NARODOWY BANK POLSKI SA PRAWNYM ŚRODKIEM PŁATNICZYM W POLSCE, 20 DWADZIEŚCIA ZŁOTYCH, NBP Narodowy Bank Polski.