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.
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The book value of the hotel company is 330,000,000 Czech Krona or approximately $11,500,000 USD.
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