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
|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|
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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