CZK/CNY: what to know
The CZK/CNY rate shows how much CNY you get for 1 CZK. Right now, 1 CZK buys 0.3210 CNY at the mid-market rate. In the other direction, 1 CNY is worth 3.1152 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while CNY responds to PBoC decisions and Chinese growth.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Over the past 12 months the CZK/CNY rate has ranged between 0.3179 and 0.3460 — a change of -6.46% 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.