CZK/NZD: what to know
The CZK/NZD rate shows how much NZD you get for 1 CZK. Right now, 1 CZK buys 0.0823 NZD at the mid-market rate. In the other direction, 1 NZD is worth 12.1525 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while NZD responds to soft-commodity prices and risk appetite.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin.
Over the past 12 months the CZK/NZD rate has ranged between 0.0802 and 0.0854 — a change of +1.69% 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.