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2 Cents Foreign Exchange Certificate

Issuer Bank Polska Kasa Opieki SA (Bank Pekao SA)
Year 1979
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In circulation to Yes
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Obverse description Brown on pink underprint. Title BON TOWAROWY in letterpress across the top, flanked by ornate guilloche cornerpieces bearing the denomination 0,02. Central text block authorises redemption at PKO S.A. branches, with the Pekao globe logo above. A large guilloche medallion at right carries the value 0,02 $. Issuer name and date printed in small letterpress along the bottom margin.
Obverse lettering 0,02
BON TOWAROWY
$0,02$
DWA CENTY
UPOWAŻNIA DO POBRANIA TOWARÓW EKSPORTU WEWNĘTRZNEGO WARTOŚCI
$ 0,02 $
BON TOWAROWY MOŻE BYĆ ZREALIZOWANY W JEDNOSTCE BANKU PKO S.A.
ORAZ W KAŻDEJ PLACÓWCE HANDLOWEJ UPRAWNIONEJ DO PROWADZENIA SPRZEDAŻY TOWARÓW EKSPORTU WEWNĘTRZNEGO
BANK POLSKA KASA OPIEKI S.A. WARSZAWA DNIA 1 PAŹDZIERNIKA 1979 R.
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Comments

Pekao's foreign exchange certificates were a mechanism for extracting hard currency from Poles receiving remittances from abroad — dollars, marks, and other Western currencies that the state desperately needed but couldn't compel citizens to surrender outright. By funneling those remittances through Bank Pekao, the government converted them into certificates redeemable only at Pewex hard-currency shops, keeping the actual foreign reserves firmly in state hands while offering consumer goods as the incentive to cooperate.

The 2-cent denomination is the smallest in the 1979 series, issued partly to handle exact-change transactions within the Pewex retail system.

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