Czech Koruna


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Czech Koruna

The currency of the Czech Republic. It was introduced in 1993, replacing the Czechoslovakian koruna when the Czech Republic separated from Slovakia. It is a floating currency. There has been much discussion of replacing the koruna with the euro, but, historically, there has been a great deal of opposition to this move within the Czech Republic.
References in periodicals archive ?
Users with bank accounts in Czech Koruna, Polish Zloty and Great Britain Pounds can buy and sell e-currencies using local bank transfers, an option which is faster and cheaper than international bank transfers.
The import prices index was hit by the strengthening of the Czech koruna against the dollar, the Czech Statistical Office added.
The wallets are estimated to have contained a total value of over 2 million Czech koruna which equates to [pounds sterling]62,000.
com)-- Bittylicious has launched new services for users in three new countries: The Netherlands, paying in Euros via SEPA; South Africa, paying in Randa via FNB bank; and the Czech Republic, paying in Czech Koruna.
Romania's leu, the Czech koruna and Hungary's forint each depreciated at least 0.
FACTFILE LANGUAGE: Czech CURRENCY: Czech Koruna TIME ZONE: GMT +1 FLIGHT: Swiss, Lufthansa, Air France, KLM and Czech Airlines are among airlines offering flights from regional airports.
He added that the government has allocated 300 million Czech Koruna ($15 million ) to battle the flooding.
According to an economist at Komercini Banka AS, the Czech Koruna could strengthen in the coming days as traders could test the central bank's resolve to weaken the currency.
Firstly, increasing R&D cost pushed up operation fee over 20% in Q2; secondly, exchange loss from Czech koruna (CZK) and China's Renminbi (RMB) reached NT$450 million (US$15 million) to total NT$575 million (US$19.
The Czech koruna outstripped its expectations in the early part of 2012, appreciating moderately against the euro.
Other currencies which have crashed against sthe pound include the Polish zloty, Hungarian forint, Czech koruna and Turkish lira.

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