FACTOID # 1: ‘Dollar’ is the most common currency name, followed by ‘franc,’ ‘pound,’ ‘dinar,’ ‘peso,’ and ‘rupee.’
 
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Europe > Czech Republic > Currency

Currency koruna
ISO code CZK 203
Official exchange rate > LCU per US$, period average 22.6 Time series
PPP conversion factor to official exchange rate ratio 0.59 Time series [52nd of 169]
Real effective exchange rate index 125.2 % Time series [10th of 96]
Regime float
S&P/EMDB indexes > annual % change 30.9 annual % change Time series [29th of 58]
Subdivision 100 [70th of 192]
Symbol Kc (with hacek on c)

... View all Currency stats

SOURCES: Pacific Exchange Rate Services; World Development Indicators database

ALTERNATIVE NAMES: Czech Republic, Ceska Republika, czech rep. c, czech rep.

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COMMENTARY     

Kemmarat
6th June 2005
When do Czech Republic will change their currency from Koruna to EURO
david
28th April 2005
What is the exchange rate of the Koruna to the pound sterling.
Edria Murray
Staff Editor

4th April 2005
In response to Rebbecca:

Today (4 April, 2005) 1 Czech Koruna = $US0.0428
This value is the mid-market rate and will typically be the average value of the buying and selling rates. Buying rates are lower than selling rates in order for financial institutions to stay in business. You can access the current mid-market rate at the xe.com Universal Currency Converter.

Over the past five years, the Czech Koruna has increased in value against the U.S dollar by around 60%.

Currency conversion rates are not static but will vary according to the flow of imports and exports, the flow of capital, relative inflation rates etc. In addition, limits are often placed on exchange rate fluctuations according to government policies.

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