Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.
Canadian Dollar to Czech Koruna Exchange Rate
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Historical Rate chart of CAD and CZK
|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|
|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
|Nov 2009||Nov 2010||Nov 2011||Nov 2012||Nov 2013||Nov 2014||Nov 2015||Nov 2016||Nov 2017||Nov 2018|
|1 CAD =||16.2586 Inverse: 0.0615||17.7464 Inverse: 0.0563||18.3365 Inverse: 0.0545||19.9629 Inverse: 0.0501||19.3050 Inverse: 0.0518||19.4792 Inverse: 0.0513||18.9679 Inverse: 0.0527||18.8828 Inverse: 0.0530||16.9864 Inverse: 0.0589||17.3172 Inverse: 0.0577|
Canadian Dollar to the Czech Koruna for the last 10 months
|Jan 20||Feb 20||Mar 23||Apr 23||May 24||Jun 24||Jul 25||Aug 25||Sep 25||Oct 26|
|1 CAD =||16.9515 Inverse: 0.0590||17.1702 Inverse: 0.0582||16.9829 Inverse: 0.0589||17.0729 Inverse: 0.0586||17.1532 Inverse: 0.0583||17.0078 Inverse: 0.0588||17.4035 Inverse: 0.0575||17.4428 Inverse: 0.0573||17.7404 Inverse: 0.0564||17.6567 Inverse: 0.0566|
Canadian Dollar to the Czech Koruna for the last 10 days
|Nov 11||Nov 12||Nov 13||Nov 14||Nov 15||Nov 16||Nov 17||Nov 18||Nov 19||Nov 20|
|1 CAD =||17.4665 Inverse: 0.0573||17.5312 Inverse: 0.0570||17.5254 Inverse: 0.0571||17.5270 Inverse: 0.0571||17.5151 Inverse: 0.0571||17.5139 Inverse: 0.0571||17.5113 Inverse: 0.0571||17.4851 Inverse: 0.0572||17.3798 Inverse: 0.0575||17.3190 Inverse: 0.0577|
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Market rate for common transfer amounts CAD to CZK
|Canadian Dollars (CAD)||Czech Koruna (CZK)|
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
- Bahamian Dollar (BSD)
- Bahraini Dinar (BHD)
- Bangladeshi Taka (BDT)
- Barbadian Dollar (BBD)
- Belarusian Ruble (BYN)
- Belize Dollar (BZD)
- Bermudian Dollar (BMD)
- Bhutanese Ngultrum (BTN)
- Bitcoin (BTC)
- Bitshares (BTS)
- Bolivian Boliviano (BOB)
- Botswana Pula (BWP)
- Brazilian Real (BRL)
- Brunei Dollar (BND)
- Bulgarian Lev (BGN)
- Burundian Franc (BIF)
- Macanese Pataca (MOP)
- Macedonian Denar (MKD)
- Malagasy Ariary (MGA)
- Malawian Kwacha (MWK)
- Malaysian Ringgit (MYR)
- Maldivian Rufiyaa (MVR)
- Mauritanian Ouguiya (MRO)
- Mauritius Rupee (MUR)
- Mexican Peso (MXN)
- Moldovan Leu (MDL)
- Monero (XMR)
- Mongolian Tugrik (MNT)
- Moroccan Dirham (MAD)
- Mozambican Metical (MZN)
- Salvadoran Colon (SVC)
- Samoan Tala (WST)
- São Tomé and Príncipe Dobra (STD)
- Saudi Riyal (SAR)
- Serbian Dinar (RSD)
- Sierra Leonean Leone (SLL)
- Singapore Dollar (SGD)
- Solomon Islands Dollar (SBD)
- Somali Shilling (SOS)
- South African Rand (ZAR)
- Sri Lankan Rupee (LKR)
- Surinamese Dollar (SRD)
- Swazi Lilangeni (SZL)
- Swedish Krona (SEK)
- Swiss Franc (CHF)