zloty

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“
Secondly, while technically it would be possible for the zloty to enter the ERM-2 next year (H2 seems the earliest possible date) so that the zloty could be replaced by the euro two years later, it would require the decision to be made almost immediately.

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Definitions (3)

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  1. noun See Table at currency.
  2. Word History
    The ancient association between gold and money is reflected in złoty, the name for the basic unit of currency in Poland. In Polish złoty is a simple adjective meaning "golden” that derives from the neuter noun złoto, "gold.” This in turn comes from from a Common Slavic neuter noun *zolto, "gold.” The zol- in *zolto is a form of the Slavic root *zel-, "to shine, be bright,” from the Indo-European root *ghel-. By Grimm's Law, this became *gel- in Germanic, giving us eventually both Dutch gulden, "guilder” and English gold.

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Examples (49)

  • For those earning forints or Polish zloty, the big swings in exchange rates in recent weeks have sent the size of both loans and repayments spiralling upwards. —  Novinite.com (Sofia News Agency)
  • The weaker zloty could be the trigger, although if the currency keeps its composure, the bond market would remain in positive mode ahead of the CPI numbers due out on Wednesday and the barrage of data next week. —  FXstreet.com
  • The Poles, especially, carped about just about everything - the thought of giving up their precious zloty (boy, are they sorry now), the EU farming rules, the lack of Euro-support for US wars, and the Euro-cowardice in facing down the Russian bear. —  CounterPunch
  • Poland will have to join the European exchange mechanism (ERMII) at least two years ahead of switching to the euro and prove that the zloty is sufficiently stable. —  EUobserver.com - Headline News
  • Secondly, while technically it would be possible for the zloty to enter the ERM-2 next year (H2 seems the earliest possible date) so that the zloty could be replaced by the euro two years later, it would require the decision to be made almost immediately. —  FXstreet.com
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Etymologies (1)

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  1. Polish złoty, golden, zloty, from złoto, gold; see ghel-2 in Indo-European roots.
 

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