Pound Sterling to Czech Koruna Exchange Rate

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Historical rate chart of GBP and CZK

Updated: 24 Feb 2020 19:03:10 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 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

Feb 2010 Feb 2011 Feb 2012 Feb 2013 Feb 2014 Feb 2015 Feb 2016 Feb 2017 Feb 2018 Feb 2019
1 GBP = 29.2939 Inverse: 0.0341 28.9713 Inverse: 0.0345 29.5910 Inverse: 0.0338 29.3471 Inverse: 0.0341 33.1216 Inverse: 0.0302 37.2146 Inverse: 0.0269 34.6544 Inverse: 0.0289 31.9929 Inverse: 0.0313 28.7194 Inverse: 0.0348 29.4857 Inverse: 0.0339

Pound Sterling to the Czech Koruna for the last 10 months

Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020
1 GBP = 29.7906 Inverse: 0.0336 29.3324 Inverse: 0.0341 28.3993 Inverse: 0.0352 28.5232 Inverse: 0.0351 28.4727 Inverse: 0.0351 29.2631 Inverse: 0.0342 29.7140 Inverse: 0.0337 29.6981 Inverse: 0.0337 29.8726 Inverse: 0.0335 29.5433 Inverse: 0.0338

Pound Sterling to the Czech Koruna for the last 10 days

Feb 14 Feb 15 Feb 16 Feb 17 Feb 18 Feb 19 Feb 20 Feb 21 Feb 22 Feb 23
1 GBP = 29.9539 Inverse: 0.0334 29.9539 Inverse: 0.0334 29.9625 Inverse: 0.0334 29.8073 Inverse: 0.0335 30.0612 Inverse: 0.0333 29.8500 Inverse: 0.0335 29.9272 Inverse: 0.0334 29.9417 Inverse: 0.0334 29.9417 Inverse: 0.0334 29.9594 Inverse: 0.0334

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USD 0 1 - 2 days GBP 1.99 29.637 CZK
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GBP 1 2 days GBP 4.00 30.027 CZK
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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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