Pound to Czech koruna exchange rate
Find the best GBP/CZK exchange rate for 14 Apr 2021.
Refreshing in: 60s | Wed, Apr 14, 03:03PM GMT
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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 GB pound sterling and the Czech koruna?
Political events and economic developments in the Czech Republic, the European Union, or in the UK could all affect the exchange rate between the pound sterling and the Czech koruna.
Examples of what could affect the GBP/CZK exchange rate are elections in the Czech Republic or in the UK with unexpected outcomes, new free trade agreements between the EU and the UK, 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 the GB pound sterling exchange rate would most likely be affected by factors outside of that country, such as developments in the European Union or in the UK.
How does the pound sterling 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 pound sterling. Since the beginning of 2017, it has strengthened significantly compared to the pound, along with many other major currencies.
Pound Sterling to the Czech Koruna for the last 10 years
|Apr 2011||Apr 2012||Apr 2013||Apr 2014||Apr 2015||Apr 2016||Apr 2017||Apr 2018||Apr 2019||Apr 2020|
|1 GBP =||27.3731 Inverse: 0.0365||30.0079 Inverse: 0.0333||30.3343 Inverse: 0.0330||33.2299 Inverse: 0.0301||37.9714 Inverse: 0.0263||33.9629 Inverse: 0.0294||31.4277 Inverse: 0.0318||29.2219 Inverse: 0.0342||29.6438 Inverse: 0.0337||30.7291 Inverse: 0.0325|
Pound Sterling to the Czech Koruna for the last 10 months
|Jun 2020||Jul 2020||Aug 2020||Sep 2020||Oct 2020||Nov 2020||Dec 2020||Jan 2021||Feb 2021||Mar 2021|
|1 GBP =||29.8017 Inverse: 0.0336||29.5106 Inverse: 0.0339||28.9108 Inverse: 0.0346||28.7458 Inverse: 0.0348||30.2176 Inverse: 0.0331||29.4603 Inverse: 0.0339||29.1299 Inverse: 0.0343||29.4374 Inverse: 0.0340||29.4564 Inverse: 0.0339||30.5217 Inverse: 0.0328|
Pound Sterling to the Czech Koruna for the last 10 days
|Apr 04||Apr 05||Apr 06||Apr 07||Apr 08||Apr 09||Apr 10||Apr 11||Apr 12||Apr 13|
|1 GBP =||30.6612 Inverse: 0.0326||30.6001 Inverse: 0.0327||30.3294 Inverse: 0.0330||29.9425 Inverse: 0.0334||29.7810 Inverse: 0.0336||29.9629 Inverse: 0.0334||29.9599 Inverse: 0.0334||29.9872 Inverse: 0.0333||30.0409 Inverse: 0.0333||29.8259 Inverse: 0.0335|
Market rate for common transfer amounts GBP to CZK
|Pound Sterlings (GBP)||Czech Koruna (CZK)|
How can I predict future exchange rates between the pound sterling 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 pound sterling and the Czech koruna depends very much on the development of the Czech economy and the European economy as a whole, compared to the UK 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 pound sterling and the euro going forward.
Future developments in the GBP/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 pound sterling.
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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