About this pair
XAU/CZK: what to know
The XAU/CZK rate shows how much CZK you get for 1 XAU. Right now, 1 XAU buys 90,913.96 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.0000109994 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while CZK responds to Czech central-bank policy and euro moves.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.