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.
Pound Sterling to Czech Koruna Exchange Rate
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Historical rate chart of GBP and CZK
|Banknotes:||£5, £10, £20, £50|
|Coins:||1p, 2p, 5p, 10p, 20p, 50p, £1, £2|
|Banknotes:||100, 200, 500, 1000, 2000, 5000 Kč|
|Coins:||1, 2, 5, 10, 20, 50 Kč|
What affects exchange rates between the US dollar and the Czech koruna?
Political events and economic developments in the Czech Republic, the European Union, or in the United States could all affect the exchange rate between the US dollar and the Czech koruna.
Examples of what could affect the USD/CZK exchange rate are elections in the Czech Republic or in the United States with unexpected outcomes, new free trade agreements between the EU and the US, 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 US dollar exchange rate would most likely be affected by factors outside of that country such as developments in the European Union or in the United States.
How does the US dollar trade against the Czech koruna historically?
The koruna, in English sometimes referred to as the crown, has been the official currency of the Czech Republic since 1993. It replaced the Czechoslovak koruna, which was the currency of Czechoslovakia during the 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.
Between 2014 and 2017, the Czech koruna has been trading between 19 and 26 to 1 dollar. Since the beginning of 2017, it has strengthened significantly compared to the dollar, along with many other major currencies.
Pound Sterling to the Czech Koruna for the last 10 years
|Jul 2010||Jul 2011||Jul 2012||Jul 2013||Jul 2014||Jul 2015||Jul 2016||Jul 2017||Jul 2018||Jul 2019|
|1 GBP =||30.5678 Inverse: 0.0327||27.7849 Inverse: 0.0360||32.3347 Inverse: 0.0309||30.0309 Inverse: 0.0333||34.5263 Inverse: 0.0290||38.0430 Inverse: 0.0263||32.3877 Inverse: 0.0309||29.4702 Inverse: 0.0339||29.2990 Inverse: 0.0341||28.5418 Inverse: 0.0350|
Pound Sterling to the Czech Koruna for the last 10 months
|Sep 2019||Oct 2019||Nov 2019||Dec 2019||Jan 2020||Feb 2020||Mar 2020||Apr 2020||May 2020||Jun 2020|
|1 GBP =||29.1906 Inverse: 0.0343||29.5340 Inverse: 0.0339||29.8213 Inverse: 0.0335||30.7490 Inverse: 0.0325||29.6850 Inverse: 0.0337||29.6304 Inverse: 0.0337||29.3450 Inverse: 0.0341||30.7636 Inverse: 0.0325||31.2298 Inverse: 0.0320||29.7813 Inverse: 0.0336|
Pound Sterling to the Czech Koruna for the last 10 days
|Jul 03||Jul 04||Jul 05||Jul 06||Jul 07||Jul 08||Jul 09||Jul 10||Jul 11||Jul 12|
|1 GBP =||29.6069 Inverse: 0.0338||29.6085 Inverse: 0.0338||29.5947 Inverse: 0.0338||29.4695 Inverse: 0.0339||29.7283 Inverse: 0.0336||29.6472 Inverse: 0.0337||29.7522 Inverse: 0.0336||29.7845 Inverse: 0.0336||29.7916 Inverse: 0.0336||29.7820 Inverse: 0.0336|
Market rate for common transfer amounts GBP to CZK
|Pound Sterlings (GBP)||Czech Koruna (CZK)|
How can I predict future exchange rates between the US dollar and the Czech koruna?
As a 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 US 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 US 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 high 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 US dollar and the euro going forward.
Future developments in the USD/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 US dollar.
Exchange rates from GBP 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)
- 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)
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