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01 April 1924

Grabski’s treasury and currency reform

After 123 years of partitions, the economy was obsolete and war-damaged. Many reforms were soon carried out, including Władysław Grabski’s treasury and currency reform which was of key importance for the economy and prevented hyperinflation. A new currency was established: the Polish zloty. In 1926, the construction of a Polish Baltic sea port in Gdynia began. Once the crisis of the late 1930s was over, work on the Central Industrial Region (COP) started, including a number of industrial plants.

09 November 1923

9 November: Hitler unsuccessfully attempts to gain power in a putsch

03 November 1924

Władysław Reymont receives Nobel Prize for Literature