Pound Sterling to Czech Koruna Exchange Rate

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Historical rate chart of GBP and CZK

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Updated: 06 Dec 2019 15:50:13 UTC

Pound sterling

The British pound sterling is the official currency of the United Kingdom and the fourth most traded currency in the world. Unlike the majority of EU countries, the UK didn’t adopt the euro in 1999, and the pound continues to be an important currency benchmark for many nations.
Currency:Pound sterling
Currency symbol:£
Subunit:penny
Subunit symbol:p
Banknotes:£5, £10, £20, £50
Coins:1p, 2p, 5p, 10p, 20p, 50p, £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:
Subunit:haléř (defunct)
Subunit symbol:h
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

Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018
1 GBP = 28.4619 Inverse: 0.0351 29.5204 Inverse: 0.0339 29.3241 Inverse: 0.0341 31.0815 Inverse: 0.0322 33.1253 Inverse: 0.0302 34.9404 Inverse: 0.0286 37.6691 Inverse: 0.0265 32.2833 Inverse: 0.0310 29.0595 Inverse: 0.0344 29.0653 Inverse: 0.0344

Pound Sterling to the Czech Koruna for the last 10 months

Feb 04 Mar 07 Apr 07 May 08 Jun 08 Jul 09 Aug 09 Sep 09 Oct 10 Nov 10
1 GBP = 29.2577 Inverse: 0.0342 29.9597 Inverse: 0.0334 29.8055 Inverse: 0.0336 29.8869 Inverse: 0.0335 28.7767 Inverse: 0.0348 28.4158 Inverse: 0.0352 27.7805 Inverse: 0.0360 28.8798 Inverse: 0.0346 29.1610 Inverse: 0.0343 29.5882 Inverse: 0.0338

Pound Sterling to the Czech Koruna for the last 10 days

Nov 26 Nov 27 Nov 28 Nov 29 Nov 30 Dec 01 Dec 02 Dec 03 Dec 04 Dec 05
1 GBP = 29.7527 Inverse: 0.0336 29.9924 Inverse: 0.0333 29.9851 Inverse: 0.0333 29.9608 Inverse: 0.0334 29.9610 Inverse: 0.0334 29.9331 Inverse: 0.0334 29.8482 Inverse: 0.0335 29.9357 Inverse: 0.0334 30.2325 Inverse: 0.0331 30.2731 Inverse: 0.0330

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Market rate for common transfer amounts GBP to CZK

Pound Sterlings (GBP) 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 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

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