Pound Sterling to Czech Koruna Exchange Rate

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Historical rate chart of GBP and CZK

Updated: 13 Jul 2020 06:34:59 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

Jul 2010 Jul 2011 Jul 2012 Jul 2013 Jul 2014 Jul 2015 Jul 2016 Jul 2017 Jul 2018 Jul 2019
1 GBP = 30.5678 Inverse: 0.0327 27.7849 Inverse: 0.0360 32.3347 Inverse: 0.0309 30.0309 Inverse: 0.0333 34.5263 Inverse: 0.0290 38.0430 Inverse: 0.0263 32.3877 Inverse: 0.0309 29.4702 Inverse: 0.0339 29.2990 Inverse: 0.0341 28.5418 Inverse: 0.0350

Pound Sterling to the Czech Koruna for the last 10 months

Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Feb 2020 Mar 2020 Apr 2020 May 2020 Jun 2020
1 GBP = 29.1906 Inverse: 0.0343 29.5340 Inverse: 0.0339 29.8213 Inverse: 0.0335 30.7490 Inverse: 0.0325 29.6850 Inverse: 0.0337 29.6304 Inverse: 0.0337 29.3450 Inverse: 0.0341 30.7636 Inverse: 0.0325 31.2298 Inverse: 0.0320 29.7813 Inverse: 0.0336

Pound Sterling to the Czech Koruna for the last 10 days

Jul 03 Jul 04 Jul 05 Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 Jul 12
1 GBP = 29.6069 Inverse: 0.0338 29.6085 Inverse: 0.0338 29.5947 Inverse: 0.0338 29.4695 Inverse: 0.0339 29.7283 Inverse: 0.0336 29.6472 Inverse: 0.0337 29.7522 Inverse: 0.0336 29.7845 Inverse: 0.0336 29.7916 Inverse: 0.0336 29.7820 Inverse: 0.0336

Send money from GBP to CZK

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GBP 1 Same day GBP 0.00 29.635 CZK
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GBP 50 Same day GBP 2.99 29.493 CZK
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GBP 10 Within an hour GBP 2.00 29.633 CZK
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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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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