The złoty (sign: zł; code: PLN), which literally means "golden", is the currency of Poland. The modern złoty is subdivided into 100 groszy (singular: grosz, alternative plural forms: grosze; groszy). The recognized English form of the word is zloty, plural zloty or zlotys. The currency sign zł, is composed of Polish small letters z and ł (Unicode: U+007A z latin small letter z & U+0142 ł latin small letter l with stroke).
As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on January 1, 1995, 10,000 old złotych (PLZ) became one new złoty (PLN).