CZK/TRY: what to know
The CZK/TRY rate shows how much TRY you get for 1 CZK. Right now, 1 CZK buys 2.3053 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.4338 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while TRY responds to high inflation and central-bank policy.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
Over the past 12 months the CZK/TRY rate has ranged between 1.9844 and 2.3331 — a change of +16.54% 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.