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
|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|
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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