CAD/CZK: what to know
The CAD/CZK rate shows how much CZK you get for 1 CAD. Right now, 1 CAD buys 15.0656 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.0664 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while CZK responds to Czech central-bank policy and euro moves.
The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the CAD/CZK rate has ranged between 14.7970 and 15.5610 — a change of +0.93% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.