FX & Commodity Almanac

Currency pair · direct ECB reference rate

What is the EUR/PLN reference rate and how has it moved?

The EUR/PLN reference rate was 4.37000 on 16 Oct 2026: one EUR was worth 4.37000 PLN. That is 2.8% above a year earlier and 92% of the way up its 52-week range. Annualised volatility over the year was 3.5%.

EUR/PLN · 16 Oct 2026
4.37000Previous fixing 4.37000 (15 Oct 2026) · 0.00%
12-month change
▲ +2.8%from 4.25130 on 16 Oct 2025
52-week range
4.20230–4.38500low 27 Jan 2026 · high 12 Oct 2026
Volatility, 1 yr
3.5%annualised; full-year average since 2016: 5.3%

The past twelve months

EUR/PLN daily ECB reference rate, past 12 monthsDaily EUR/PLN from 16 Oct 2025 (4.25130) to 16 Oct 2026 (4.37000); 52-week high 4.38500 on 12 Oct 2026, low 4.20230 on 27 Jan 2026. 4.204.254.304.354.40 NovJanMarMayJulSept
Daily ECB reference fixings, 16 Oct 2025 – 16 Oct 2026 (255 fixings). Yellow dot: latest.

What the record shows

  1. Over the past year EUR/PLN has been calmer than usual: 3.5% annualised volatility against a 5.3% average for full calendar years since 2016. Its calmest full year was 2019 (3.2%) and its busiest 2022 (8.2%).
  2. Since 4 Jan 2016 the rate has ranged from 4.13080 (27 Feb 2025) to 4.95250 (7 Mar 2022). Today's fixing is higher than 60% of the 2,763 daily fixings in that period.
  3. Five years ago, on 15 Oct 2021, the fixing was 4.56440, so the rate is 4.3% below that level. Over one month it is ▲ +0.52% (from 4.34730 on 16 Sept 2026).
  4. The largest single-day move of the past year was on 3 Mar 2026: 4.24400 → 4.28650 (▲ +1.00%).
  5. Read the other way round, 1 PLN was worth 0.22883 EUR on 16 Oct 2026 (PLN/EUR).

How is the EUR/PLN figure on this page produced?

The ECB publishes EUR/PLN directly as one of its euro foreign exchange reference rates: 4.37000 PLN per euro on 16 Oct 2026. The page shows that figure unchanged. Reference rates are set around 14:10 CET on TARGET business days, from a regular concertation between central banks, and the ECB states they are published for information purposes only.

Year by year

EUR/PLN yearly close, change, high, low, average and volatility
YearCloseChangeHighLowAverageVol.
2026 to date 4.37000 ▲ +3.5% 4.38500 12 Oct 4.20230 27 Jan 4.27674 3.2%
2025 4.22100 ▼ −1.3% 4.29530 9 Apr 4.13080 27 Feb 4.23966 4.4%
2024 4.27500 ▼ −1.5% 4.39930 17 Jan 4.24830 28 May 4.30580 4.5%
2023 4.33950 ▼ −7.3% 4.78750 13 Feb 4.30900 15 Dec 4.54197 6.1%
2022 4.68080 ▲ +1.8% 4.95250 7 Mar 4.49210 10 Feb 4.68611 8.2%
2021 4.59690 ▲ +0.8% 4.71190 23 Nov 4.45200 3 Jun 4.56518 5.4%
2020 4.55970 ▲ +7.1% 4.62250 29 Oct 4.22190 14 Jan 4.44305 6.2%
2019 4.25680 ▼ −1.0% 4.39150 25 Sept 4.24270 1 Jul 4.29762 3.2%
2018 4.30140 ▲ +3.0% 4.39150 3 Jul 4.14220 26 Jan 4.26149 4.2%
2017 4.17700 ▼ −5.3% 4.41230 2 Jan 4.17120 31 May 4.25701 4.1%
2016 4.41030 — 4.50050 5 Dec 4.23400 4 Apr 4.36321 6.6%

Change = last fixing of the year against the last fixing of the previous year (2016 has no prior close in this record). Vol. = annualised standard deviation of daily log changes within the year. 2026 runs to 16 Oct 2026.

Since January 2016

EUR/PLN ECB reference rate since January 2016EUR/PLN from 4.29550 on 4 Jan 2016 to 4.37000 on 16 Oct 2026; highest 4.95250 on 7 Mar 2022, lowest 4.13080 on 27 Feb 2025. 4.14.24.34.44.54.64.74.84.9 201620182020202220242026
ECB reference fixings, thinned to about every fifth fixing for drawing; the tables use every fixing.

Largest one-day moves since 2016

DateFromToMove
1 Mar 20224.683504.79470▲ +2.37%
24 Feb 20224.548104.65540▲ +2.36%
24 Jun 20164.357104.45500▲ +2.25%
7 Mar 20224.853004.95250▲ +2.05%
7 Sept 20234.501004.58830▲ +1.94%

Moves are measured between consecutive ECB fixings, so a move after a holiday can span more than one calendar day.

Sources