About the Czech Koruna
The Czech Koruna was introduced in 1993 following the peaceful dissolution of Czechoslovakia. It replaced the Czechoslovak koruna at par.
The name 'Koruna' means 'crown' in Czech.
Interesting Facts
A 'Crown' Currency
The Koruna's name translates to 'crown', a common name for currencies in former monarchies in Central and Eastern Europe.
Outside the Eurozone
Despite being a member of the European Union, the Czech Republic has not yet adopted the Euro and continues to use the Koruna.
Patriotic Banknotes
Czech banknotes feature prominent Czech historical and cultural figures, such as King Charles IV and opera singer Emmy Destinn.
Historical Timeline
The Czechoslovak koruna is introduced.
Czechoslovakia dissolves, and the Czech Koruna becomes the currency of the new Czech Republic.
The haléř coins are withdrawn from circulation.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- CZK
- Symbol
- Kč
- Numeric Code
- 203
- Subunit
- Haléř (1/100)
- Introduced
- 1993-02-08
Central Bank
- Name
- Czech National Bank
- Headquarters
- Prague, Czech Republic
- Founded
- 1993
- Current Governor
- Aleš Michl (since 2022)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.2%
- Inflation Rate
- 2.9%
- Interest Rate
- 5.25%
Exchange Rates
What Affects the CZK Exchange Rate?
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