CZK/AUD: what to know
The CZK/AUD rate shows how much AUD you get for 1 CZK. Right now, 1 CZK buys 0.0667 AUD at the mid-market rate. In the other direction, 1 AUD is worth 14.9875 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while AUD responds to commodity prices and Chinese demand.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Over the past 12 months the CZK/AUD rate has ranged between 0.0663 and 0.0741 — a change of -7.85% 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.