Czech Koruna

Czech Koruna

Czech Koruna overview

The koruna (sign: Kč; code: CZK) is the currency of the Czech Republic since 1993, and in English it is sometimes referred to as Czech crown. The koruna is one of European Union's 11 currencies, and the Czech Republic is legally bound to adopt the euro currency in the future. The official name in Czech is koruna česká (plural koruny české, though the zero-grade genitive plural form korun českých is used on banknotes and coins of value 5 Kč or higher). The ISO 4217 code is CZK and the local acronym is Kč, which is placed after the numeric value (e.g., "50 Kč") or sometimes before it (as is seen on the 10-koruna coin). One koruna equals 100 haléřů (abbreviated as "h", singular: haléř, nominative plural: haléře, genitive plural: haléřů – used with numbers higher or equal to 5 – e.g. 3 haléře, 8 haléřů), but haléře have been withdrawn, and the smallest unit of physical currency is 1 Kč.

1 CZK to USD exchange rates chart

CZK to  exchange rates chart

Czech Koruna news

2019 FX Outlook: Peak Dollar
2019 FX Outlook: Peak Dollar

The big question for 2019 is when will global asset markets be released from the stranglehold of high US interest rates and the strong dollar? We think it&rsquo...

about 2 months conditional negative
Simply Superb: The Skoda that's a little like a Rolls-Royce

BT Motoring: THE BUSINESS TIMES Hub - SKODA has at least one thing in common with Rolls-Royce. Like the fabled English carmaker, the Czech brand has its roots in a company founded by two men, one an engineer and the other a businessman.. Read more at The Business Times.

about 2 months indicative positive
Brexit division means limited upside for sterling
Brexit division means limited upside for sterling

The UK Cabinet may have approved Theresa May's Brexit deal but significant hurdles remain and the near-term upside for the pound is limited

2 months conditional neutral
Czech National Bank expected to hike interest rates for the fourth time this year

The Czech National Bank (CNB) is widely expected to hike its main interest rate by 0.25 percentage points to 1.75% at the November 1 monetary policy ...

2 months conditional negative
Moneta, Air Bank and Home Credit to create third largest Czech bank

Moneta, Air Bank and Home Credit to create third largest Czech bank. Richest Czech Petr Kellner to own fifth of new listed lender after €750mn deal.

2 months conditional positive
Oktoberbest: is this the noblest brewery in the world?

As Oktoberfest climaxes across Europe, we find a Czech brewery that employs disabled workers, funds a primary school and brews an IPA named after Gandhi

2 months conditional negative

CZK currency converter