Czechoslovak Koruna

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Czechoslovak Koruna

The currency of the former Czechoslovakia. It was introduced in 1919 and remained until 1993 (with a six-year exception during World War II). After the breakup of Czechoslovakia it was replaced by the Czech koruna and the Slovak koruna.
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While Slovakia later adopted the euro, following the macroeconomic development of Slovakia and the Czech Republic has not differed fundamentallyTwenty five years ago on February 8, 1993, the Czech-Slovak currency, the eskoskovenska koruna (Ks) or Czechoslovak Crown (CZK), divided into two sovereign currencies, the Slovak and Czech crown.
Contract notice: production of commemorative bimetal coins for the 100th anniversary of the introduction of the czechoslovak crown
I myself at the end of 1990 radically devalued the Czechoslovak crown (but not in an attempt to gain competitive advantage) and immediately after that introduced a fixed exchange rate regime.
3) This was an important factor which made it much easier for Czech political leaders to effect economic reform in the areas of price liberalization, the devaluation of the Czechoslovak crown (Kcs) and the tax system.
This new dynamism, coupled with the devaluation of the Czechoslovak crown, provide an explanation for the surprisingly low level of unemployment throughout the transition period in Czechoslovakia.
7) The dramatic devaluation of the Czechoslovak crown on 1 January, 1991, (Kcs 28 for $1) increased the opportunities for exports and therefore for the maintenance of high employment.
Klaus also devalued in January the Czechoslovak crown from eight to 38 per dollar to commerce the process toward convertability.
As a result, the Czechoslovak crown is a relatively strong currency by Eastern European standards and a logical candidate for full convertibility by 1992.
A British owner of studio facilities who toured Barrandov while our team was there believed that Barrandov had taken a significant amount of its business, largely as the result of a favorable exchange rate between the dollar and the Czechoslovak crown.
During the 1985 to 1989 period, gross proceeds from ticket sales rose steadily to a high of 122 million Czechoslovak crowns.
Czechoslovak-Chinese Trade in 1946-1947 (in Thousands of Czechoslovak Crowns, Share in Percentage) Year Import from Export to Balance China's share in China China Czechoslovak export 1946 1014 42043 41029 0.
The Frantisek Vizner company from Chrudim was assigned to build the cable car, with a budget of 15 million Czechoslovak crowns.