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
|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)|
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)