Exchange rate CZK - The Czech koruna

The Czech koruna exchange rate - chart

Czech koruna

The Czech koruna is the official currency of the Czech Republic. It is formally subdivided into 100 haleru, but hundredths have not been used since 2009. Its international symbol is CZK; also, it is written with the abbreviation Kč.

The Czech koruna - where is it used?

The Czech koruna is the official means of payment only in the Czech Republic. Therefore, when visiting the country, it is worth checking the Czech koruna exchange rate. Converting Czech koruna into other currencies can be difficult, so it is a good idea to use a currency converter available on our website. One should also remember that the Czech Republic no longer officially uses hundredths of the currency. The smallest unit is 1 koruna.

The history of the Czech koruna

As early as 1892, koruna replaced gulden and functioned within the Austro-Hungarian Empire. Initially, they existed in parallel with the guldens and were exchanged at the rate of 2:1 (2 korunas for 1 gulden). After the Austro-Hungarian Empire disappeared from maps in 1918, the name of the currency changed to the monetary unit of Czechoslovakia. One of the youngest European currencies was formed following the breakup of Czechoslovakia. For more than a month, starting January 1, 1993, the two countries that emerged from the split - the Czech Republic and Slovakia - maintained a monetary union and the Czechoslovak koruna (CSK). However, preparations for the introduction of independent currencies were already underway at that time. On February 8, 1993, the Czech koruna became the official currency of the Czech Republic. For several months, Czech korunas circulated alongside Czechoslovak korunas with a conversion rate of 1:1.

CZK - key information

In the Czech people's wallets, you can find coins with face values of 1, 2, 5, 10, 20 and 50 CZK. In the first decade of the 21st century, coins of 10, 20 and 50 haleru were also used, but they were abandoned due to the depreciating value of money and the high production cost. Czech coins always have a characteristic lion with a crown on the obverse. On the reverse, in addition to the denomination, are depicted small symbols and architecture of the country - for example, the crown of St. Wenceslas, Charles Bridge or a majestic view of Prague. The banknotes are available in denominations of 100, 200, 500, 1,000, 2,000 and 5,000 korunas. Different colours distinguish the banknotes. The obverse of the banknotes always shows a prominent figure in Czech history and culture. The 100 CZK banknote bears an image of Charles IV of Luxembourg, the 200 banknotes are decorated with a portrait of Jan Amos Komenský, and the 500 ones depict Božena Němcová. The higher-value banknotes feature the politician František Palacký, the singer Ema Destinnová and the first president of Czechoslovakia, Tomáš Masaryk.

Check the Czech koruna exchange rate

Excellent skiing facilities and many sightseeing attractions in Prague make the Czech currency a popular choice for tourists planning a trip to the country - both in winter and in summer. Therefore, the conversion of CZK should not be a problem. However, it would be best if you did it before you leave - the CZK exchange rate on the spot might be less attractive, although you can convert CZK to EUR directly in many local exchange offices. The Czech koruna exchange rate is not subject to too much volatility due to its prosperous economy with low unemployment. For this reason, for example, the CZK exchange rate to EUR is relatively stable.