About this pair
RUB/CZK: what to know
The RUB/CZK rate shows how much CZK you get for 1 RUB. Right now, 1 RUB buys 0.2477 CZK at the mid-market rate. In the other direction, 1 CZK is worth 4.0375 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while CZK responds to Czech central-bank policy and euro moves.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
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.