USD/CZK: what to know
The USD/CZK rate shows how much CZK you get for 1 USD. Right now, 1 USD buys 21.1700 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.0472 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while CZK responds to Czech central-bank policy and euro moves.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the USD/CZK rate has ranged between 20.2890 and 21.5610 — a change of +0.73% 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.