CNY/CZK: what to know
The CNY/CZK rate shows how much CZK you get for 1 CNY. Right now, 1 CNY buys 3.1152 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.3210 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while CZK responds to Czech central-bank policy and euro moves.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the CNY/CZK rate has ranged between 2.8904 and 3.1455 — a change of +6.91% 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.