Canadian Dollar to Czech Koruna Exchange Rate

Live Rate

= 17.6482

Refreshing in: 60s | Thu, Apr 09, 11:42AM GMT

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Historical Rate chart of CAD and CZK

Updated: 09 Apr 2020 11:42:40 UTC

Canadian Dollar

Known as the “loonie”, the Canadian dollar is among the world’s top ten most traded currencies. With its extreme sensitivity to movements in crude oil and other commodities, traders often use the Canadian dollar to speculate on these commodities. It’s also closely tied to the US economy and dollar.
Currency:Canadian Dollar
Currency Symbol:$, Can$, C$, CAD
Sub unit:cent (English)
Sub unit symbol:¢
Bank notes:$5, $10, $20, $50, $100
Coins:5¢, 10¢, 25¢, 50¢, $1, $2

Czech Koruna

The Czech koruna is the official currency of the Czech Republic. Its value recently jumped against major currencies after the country’s central bank abandoned its policy to peg the value of the koruna to the euro.
Currency:Czech Koruna
Currency Symbol:
Sub unit:haléř (defunct)
Sub unit symbol:h
Bank notes:100, 200, 500, 1000, 2000, 5000 Kč
Coins:1, 2, 5, 10, 20, 50 Kč

What affects exchange rates between the Canadian dollar and the Czech koruna?

Political events and economic developments in the Czech Republic, the European Union or in Canada could all affect the exchange rate between the dollar and the Czech koruna.

Examples that could affect the CAD/CZK exchange rate are elections in the Czech Republic or Canada with unexpected outcomes, new free trade agreements between the EU and Canada or unexpected changes in economic or monetary policy in either country.

As of now, the political and economic conditions are looking very stable in the Czech Republic. This means that the Czech koruna to CAD dollar exchange rate would most likely be affected by factors outside of that country such as developments in the European Union or in Canada.

How does the Canadian dollar trade against the Czech koruna historically?

The koruna, sometimes referred to as “the crown” in English, has been the official currency of the Czech Republic since 1993. It replaced the Czechoslovak koruna, which was the currency of Czechoslovakia during Soviet rule.

The Czech National Bank intervened in the currency in 2013 to prevent the currency from strengthening too much, and causing the country to lose its competitive advantage in world trade. A return back to more conventional monetary policy happened in April of 2017. The koruna remained stable and the operation was widely considered a success.

Since the beginning of 2017, the Czech koruna has strengthened significantly compared to the dollar, along with many other major currencies.

Canadian Dollar to the Czech Koruna for the last 10 years

Apr 2010 Apr 2011 Apr 2012 Apr 2013 Apr 2014 Apr 2015 Apr 2016 Apr 2017 Apr 2018 Apr 2019
1 CAD = 18.6920 Inverse: 0.0535 17.7140 Inverse: 0.0565 18.9323 Inverse: 0.0528 19.3879 Inverse: 0.0516 18.1831 Inverse: 0.0550 20.3973 Inverse: 0.0490 18.2266 Inverse: 0.0549 18.7171 Inverse: 0.0534 16.1806 Inverse: 0.0618 17.1005 Inverse: 0.0585

Canadian Dollar to the Czech Koruna for the last 10 months

Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Feb 2020 Mar 2020
1 CAD = 17.0045 Inverse: 0.0588 17.3750 Inverse: 0.0576 17.4118 Inverse: 0.0574 17.7599 Inverse: 0.0563 17.6532 Inverse: 0.0566 17.4831 Inverse: 0.0572 17.3928 Inverse: 0.0575 17.4102 Inverse: 0.0574 17.1791 Inverse: 0.0582 17.0515 Inverse: 0.0586

Canadian Dollar to the Czech Koruna for the last 10 days

Mar 30 Mar 31 Apr 01 Apr 02 Apr 03 Apr 04 Apr 05 Apr 06 Apr 07 Apr 08
1 CAD = 17.4547 Inverse: 0.0573 17.6261 Inverse: 0.0567 17.7509 Inverse: 0.0563 17.9773 Inverse: 0.0556 18.1219 Inverse: 0.0552 18.1219 Inverse: 0.0552 17.9629 Inverse: 0.0557 18.0781 Inverse: 0.0553 17.7795 Inverse: 0.0562 17.8519 Inverse: 0.0560

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    Market rate for common transfer amounts CAD to CZK

    Canadian Dollars (CAD) Czech Koruna (CZK)
    $1 0
    $100 0
    $500 0
    $1000 0
    $1500 0
    $2500 0
    $5000 0

    How can I predict future exchange rates between the Canadian dollar and the Czech koruna?

    As an EU member state, the Czech Republic is expected to adopt the euro at some point in the future. The Czech government originally planned to do this in 2010, but the planned adoption was suspended indefinitely in 2005. This was partly due to strong opposition in the Czech population, where only about 15% supported adopting the euro as their currency.

    The future exchange rate between the Canadian dollar and the Czech koruna depends very much on the development of the Czech economy and the European economy as a whole, compared to the Canadian economy.

    As of May 2017, the Czech economy is looking very strong, with the Czech Republic boasting the lowest unemployment rate in the EU. The economic growth is also at a high, sitting at 4.4 percent in 2015, making it the fastest growing in the EU. These are all signs that the koruna will likely remain in a strong position compared to both the Canadian dollar and the euro going forward.

    Future developments in the CAD/CZK exchange rate also depend on the growth of the German economy. Germany is the most important trading partner for the Czech Republic, as well as the largest economy in the EU. If the German economy continues to strengthen, it will continue to help support the koruna exchange rate against the Canadian dollar.

    Exchange rates from CAD to other currencies

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