Euro exchange rate without major changes. Frank below 4.60 PLN

Ashley Davis18/04/2025

0 231 2 minutes read

2025-04-18 09:51

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2025-04-18 09:51

The large -age morning did not bring major changes on the golden market. Currency trading is already in a festive atmosphere in the absence of many investors from the West. This meant the stabilization of the euro exchange rate for the zloty and the gentle weakness of the Swiss franc.

Euro without major changes. Frank below 4.60 PLN — photo: Elenar / / Shutterstock

On Friday at 9:35 the euro exchange rate was at the level of PLN 4.2798, i.e. by 1.2 grosze above the Thursday reference exchange rate. In recent days, the zloty tried to make up for the losses suffered in the first half of April, when the EUR/PLN exchange rate increased from around PLN 4.15 to over PLN 4.30.

The Polish currency suffered from global turmoil caused by the unpredictable customs policy of Donald Trump's administration. As a result of an increase in aversion to risk, the euro exchange rate first left the zone 4.15-4.20 PLN (in which he moved in March), and then quickly found another 10 groszy higher. On Wednesday, the euro exchange rate was the highest this year and was approaching PLN 4.31.

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Thanks to Easter holidays, the financial markets gained the opportunity to cool down after April madness. In the case of Euro-gold pair, there is a chance for stabilization in the range of 4.25-4.30 PLN. Złota no longer supports the attitude of the Monetary Policy Council, which will probably reduce interest rates at the beginning of May.

At the same time, the attractiveness of capital location in the euro area decreases, where the European central bank sharply cut interest rates, lowering them to 25 PB. at every meeting of the CEO of the CEO. Thursday reduction was already the seventh in turn and reduced the deposit foot to the level of current HICP inflation in the euro area. Meanwhile, in Poland, the NBP reference rate even after announced cuts should exceed CPI inflation.

Despite this, the euro remains strong in relation to the American dollar, which was clearly harmed by President Trump's customs policy. On Friday morning, the EUR/USD exchange rate was recorded at 1.1370, so one large “figure” below the April maximum (1,1470). On the Polish market it translated into a dollar after PLN 3.7583. The day before, the USD/PLN exchange rate was the lowest since June 2021.

The Swiss Frank was valued at PLN 4,5927 after previous days of the Frank-Gold Couples were above PLN 4.60. A week ago, the Helwecka currency was the most expensive than November and cost up to PLN 4.66. The British pound cost PLN 4.9892.

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