CZK/EUR: what to know
The CZK/EUR rate shows how much EUR you get for 1 CZK. Right now, 1 CZK buys 0.0414 EUR at the mid-market rate. In the other direction, 1 EUR is worth 24.1704 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while EUR responds to ECB policy and eurozone growth.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the CZK/EUR rate has ranged between 0.0407 and 0.0415 — a change of +1.02% 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.