Canadian Dollar to Czech Koruna Exchange Rate

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= 17.6992

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Historical Rate chart of CAD and CZK

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Updated: 22 Sep 2019 12:47:45 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

Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Sep 2015 Sep 2016 Sep 2017 Sep 2018
1 CAD = 15.9347 Inverse: 0.0628 18.2845 Inverse: 0.0547 18.2510 Inverse: 0.0548 19.6703 Inverse: 0.0508 18.5351 Inverse: 0.0540 19.5747 Inverse: 0.0511 18.1284 Inverse: 0.0552 18.3141 Inverse: 0.0546 17.7021 Inverse: 0.0565 16.9147 Inverse: 0.0591

Canadian Dollar to the Czech Koruna for the last 10 months

Nov 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019
1 CAD = 17.2821 Inverse: 0.0579 16.7150 Inverse: 0.0598 16.9258 Inverse: 0.0591 17.1702 Inverse: 0.0582 16.9816 Inverse: 0.0589 17.0768 Inverse: 0.0586 17.2248 Inverse: 0.0581 17.1832 Inverse: 0.0582 17.4174 Inverse: 0.0574 17.4679 Inverse: 0.0572

Canadian Dollar to the Czech Koruna for the last 10 days

Sep 12 Sep 13 Sep 14 Sep 15 Sep 16 Sep 17 Sep 18 Sep 19 Sep 20 Sep 21
1 CAD = 17.6897 Inverse: 0.0565 17.5638 Inverse: 0.0569 17.5638 Inverse: 0.0569 17.6576 Inverse: 0.0566 17.7488 Inverse: 0.0563 17.6673 Inverse: 0.0566 17.6494 Inverse: 0.0567 17.6857 Inverse: 0.0565 17.6952 Inverse: 0.0565 17.6952 Inverse: 0.0565

Send money from Canada to the Czech Republic

Rates last updated September 22nd, 2019
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
WorldRemit International Money Transfers
CAD 0
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
Use code FINDERCA and pay zero fees on your first transfer. Conditions apply.
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TransferWise International Money Transfers
CAD 1
1 - 2 days
Online
Make online transfers with transparent exchange rates, low fees and low minimum amounts.
XE International Money Transfers
CAD 0
1 day
Online, Phone, Bank Account to Bank Account
Send money in more than 60 currencies. Fee-free international money transfers with a global brand.
TorFX International Money Transfers
AUD 2,000
1 day
Online, Phone, Agent
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.

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Exclusive: OFX (Ozforex) International Money Transfers
USD 150
1 day
Online, Phone, Agent
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
A higher exchange rate applies to non-finder customers. Send money in 45 currencies.
CurrencyFair International Money Transfers
CAD 5
1 - 2 days
Online
Special offer: Pay zero fees on your first 5 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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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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