Bitget App
common_footer.down_desc
common_header.buy_cryptocommon_header.marketscommon_header.tradecommon_header.futurescommon_header.social_tradingcommon_header.grid_tradingcommon_header.earn
base info EverStart

calculator.detail.title

calculator.detail.title_des
START
START
swap
CZK
coin.update_time (UTC+0)calculator.common.refreshrefresh
widget.page_site
calculator.detail.computed_des

calculator.fiat.title

About the Czech Koruna (CZK)

What Is the Czech Koruna (CZK)?

The Czech Koruna, denoted as CZK and locally abbreviated as Kč, is the official currency of the Czech Republic. It was introduced on February 8, 1993, when the former Czechoslovakia split into two independent countries: the Czech Republic and Slovakia. This momentous event in the nation's history necessitated the creation of a new currency, leading to the birth of the CZK. The koruna replaced the Czechoslovak koruna, which had been in circulation since 1919, at par value. The Czech Koruna is the sole legal tender in the Czech Republic.

The Czech Koruna is issued and regulated by the Czech National Bank (Česká národní banka, CNB), the central banking authority of the Czech Republic. Established in 1993 after the split of Czechoslovakia, the CNB plays a pivotal role in the country's financial system, managing monetary policy, overseeing the banking sector, and maintaining financial stability.

What Is the History of CZK?

The Czech Koruna (CZK), established in 1993 following the peaceful dissolution of Czechoslovakia, symbolizes the Czech Republic's transition from a Soviet-influenced state to an independent nation. Originating from the Czechoslovak koruna, which had been in circulation since 1919 after the Austro-Hungarian Empire's collapse, the CZK was introduced at par with its predecessor amidst the country's shift to a market-driven economy. This change marked a significant step in integrating the Czech economy into the global financial system. Over the years, the koruna has undergone various modifications, including enhanced security features in banknotes, mirroring the nation's journey through substantial political and economic reforms and symbolizing its sovereignty and financial stability.

Notes and Coins of CZK

Czech banknotes are available in denominations of 100, 200, 500, 1,000, 2,000, and 5,000 CZK. The coins come in 1, 2, 5, 10, 20, and 50 CZK. Notably, the design of these banknotes is a testament to Czech art, featuring historic figures and symbolic imagery.

The initial Czech banknotes were modified Czechoslovakian notes, reflecting the country's transition. In 2018, the 100 and 200 CZK notes were upgraded with enhanced security features to prevent counterfeiting, including color-changing strips and anti-copy patterns.

What Is the Relationship Between CZK and EUR?

The Czech Koruna (CZK) and the Euro (EUR) share a complex yet integral relationship, primarily influenced by the Czech Republic's membership in the European Union (EU) since 2004. Despite being an EU member, the Czech Republic has retained the Koruna as its official currency, opting not to adopt the Euro. This decision allows the Czech government to maintain independent control over its monetary policy. However, the country's economy is deeply intertwined with the Eurozone, making the exchange rate between the Koruna and the Euro particularly significant. Fluctuations in this rate directly impact trade, investment, and economic stability, given the substantial volume of transactions between the Czech Republic and Eurozone countries.

Is CZK a Strong Currency?

Czech Koruna's strength can be considered moderate, reflecting the Czech Republic's stable but modestly sized economy. While it doesn't match the strength of major world currencies like the US Dollar or Euro, the Koruna benefits from the Czech Republic's sound economic policies, low inflation, and steady growth. Its value against major currencies, a critical indicator of strength, has shown resilience, albeit with fluctuations influenced by global economic trends and regional developments. The Czech economy, characterized by a robust industrial sector and increasing integration with the European Union, lends a degree of stability to the Koruna. However, like all currencies, its strength is subject to change due to various external factors, including global market dynamics and geopolitical events.

coin.about_expand
calculator.fiat.text_2

calculator.detail.trend

1D7D1M3M1YAll
calculator.detail.trend_des

calculator.compare.title

calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
Kč0.6073
0.0200% / 0.0320%vip-iconcalculator.compare.vip
coin.update_time(UTC+0)

calculator.right.title

buy-coin-step-0-img
calculator.htb.step1_title
calculator.htb.step1_des
buy-coin-step-1-img
calculator.htb.step2_title
calculator.htb.step2_des
buy-coin-step-2-img
calculator.htb.step4_title
calculator.htb.step4_des

calculator.p2p.buy_title

calculator.p2p.buy_desc3
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.low_to_high
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.p2p.sell_title

calculator.p2p.sell_desc4
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.high_to_low
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.detail.affect_title

calculator.detail.affect_down
calculator.detail.affect_today
calculator.detail.affect_market
$0
calculator.detail.affect_valume
$0
calculator.detail.affect_supply
0 START

calculator.detail.conversion_table

calculator.detail.conversion_down
calculator.detail.conversion_des1
calculator.detail.conversion_des2

coin.current_to_local

coin.amount
calculator.detail.time_
0.5 START
0.3037
1 START
0.6073
5 START
3.04
10 START
6.07
50 START
30.37
100 START
60.73
500 START
303.66
1000 START
607.32

coin.current_to_local

coin.amountcalculator.detail.time_
0.5CZK0.8233  START
1CZK1.65  START
5CZK8.23  START
10CZK16.47  START
50CZK82.33  START
100CZK164.66  START
500CZK823.29  START
1000CZK1,646.59  START

calculator.detail.price_24

coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 START$0.01302$0.01252
+7.61%
1 START$0.02604$0.02504
+7.61%
5 START$0.1302$0.1252
+7.61%
10 START$0.2604$0.2504
+7.61%
50 START$1.3$1.25
+7.61%
100 START$2.6$2.5
+7.61%
500 START$13.02$12.52
+7.61%
1000 START$26.04$25.04
+7.61%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 START$0.01302$0.02214
-56.19%
1 START$0.02604$0.04428
-56.19%
5 START$0.1302$0.2214
-56.19%
10 START$0.2604$0.4428
-56.19%
50 START$1.3$2.21
-56.19%
100 START$2.6$4.43
-56.19%
500 START$13.02$22.14
-56.19%
1000 START$26.04$44.28
-56.19%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 START$0.01302$0.06782
-88.51%
1 START$0.02604$0.1356
-88.51%
5 START$0.1302$0.6782
-88.51%
10 START$0.2604$1.36
-88.51%
50 START$1.3$6.78
-88.51%
100 START$2.6$13.56
-88.51%
500 START$13.02$67.82
-88.51%
1000 START$26.04$135.65
-88.51%

coin.prediction

coin.prediction_question

price_predict.text_introduce

coin.prediction_question

price_predict.prediction_content

calculator.earn.title

calculator.earn.des
calculator.earn.coin

calculator.earn.apr

calculator.earn.action

calculator.p2p.latest_coins_title

calculator.p2p.latest_coins_desc

faq.title

calculator.faq.question1

calculator.faq.answer1

calculator.faq.question2

calculator.faq.answer2

calculator.faq.question3

calculator.faq.answer3

calculator.faq.question4

calculator.faq.answer4

calculator.faq.question5

calculator.faq.answer5

calculator.faq.question6

calculator.faq.answer6
calculator.detail.disclaimers