CZK/CAD: what to know
The CZK/CAD rate shows how much CAD you get for 1 CZK. Right now, 1 CZK buys 0.0664 CAD at the mid-market rate. In the other direction, 1 CAD is worth 15.0656 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while CAD responds to oil prices and the US economy.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. 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”.
Over the past 12 months the CZK/CAD rate has ranged between 0.0643 and 0.0676 — a change of -0.92% 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.