Canadian Dollar to Czech Koruna Exchange Rate

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= 17.3997

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Historical Rate chart of CAD and CZK

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Updated: 21 Nov 2019 20:25:26 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

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)
    $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.


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