CZK/SGD: what to know
The CZK/SGD rate shows how much SGD you get for 1 CZK. Right now, 1 CZK buys 0.0606 SGD at the mid-market rate. In the other direction, 1 SGD is worth 16.4921 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while SGD responds to the MAS-managed currency basket.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the CZK/SGD rate has ranged between 0.0601 and 0.0626 — a change of -2.00% 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.