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20 Cents Foreign Exchange Certificate; Large size

Issuer Bank Polska Kasa Opieki S.A. (Bank Pekao S.A.), Warsaw
Year 1979
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Currency Dollar
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Obverse description Yellow-green note with dark blue letterpress text and ornamental guilloche borders. The Pekao globe logo appears at centre, flanked left by a red serial number and right by a circular guilloche vignette bearing the denomination '0,20' and a dollar sign. The title 'BON TOWAROWY' is set in a ruled panel at top, with the denomination legend along the lower border.
Obverse lettering BON TOWAROWY
$ 0.20 $
DWADZIEŚCIA CENTÓW
UPOWAŻNIA DO POBRANIA TOWARÓW EKSPORTU WEWNĘTRZNEGO WARTOŚCI
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

Bank Pekao's foreign exchange certificates were a calculated instrument of the Polish People's Republic — a way to siphon hard currency from citizens who received money from relatives abroad without allowing that currency to circulate freely or leave state control. The certificates were issued in exchange for dollars, marks, and other Western currencies surrendered at Pekao counters, then spent only at Pewex hard-currency shops, where imported goods unavailable in the regular economy could be purchased.

The 1979 series was printed domestically at PWPW, unusual given how closely the state guarded the political optics of a socialist government mass-producing scrip explicitly designed around Western currency dependency.

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