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5 Dollars Foreign Exchange Certificate
| Issuer | Bank Polska Kasa Opieki SA (Pekao) |
|---|---|
| Year | 1960 |
| Type | Exchange certificates |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BON TOWAROWY Upoważniający do pobrania towarów eksportu wewnętrznego wartości $5$ PIĘCIU DOLARÓW BON TOWAROWY MOŻE BYĆ ZREALIZOWANY JEDYNIE W DRODZE POBRANIA TOWARÓW EKSPORTU WEWNĘTRZNEGO W JEDNYM Z PUNKTÓW SPRZEDAŻY BANKU POLSKA KASA OPIEKI S.A. Bank Polska Kasa Opieki SA WARSZAWA, DNIA 1 STYCZNIA 1960 R. |
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| Reverse lettering | PEKAO |
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| Comments |
Pekao's Foreign Exchange Certificates were a deliberate mechanism for extracting hard currency from Poles with access to dollar remittances — primarily emigrants sending money back from the West. The state-controlled bank issued these certificates in lieu of actual dollars, which were immediately absorbed into national reserves. Holders could spend them only at Pewex hard-currency stores, buying imported goods otherwise unobtainable through normal retail channels.
The 1960 series predates the more widely encountered later issues. Pewex itself wasn't formalized as a retail chain until 1972, so early certificates like this one were redeemable through a more limited network of outlets.