CZK - The Czech Koruna

The Czech koruna or Czech crown (sign: Kč; code: CZK) has been the currency of the Czech Republic since 8 February 1993 when, together with its Slovak counterpart, it replaced the Czechoslovak koruna at par. The official name in Czech is koruna česká). One koruna equals 100 haléřů (abbreviated as "h", singular: haléř, nominative plural: haléře, genitive plural: haléřů). As a member of the European Union the Czech Republic had planned to fulfill its obligation to adopt the euro in 2012, but its government suspended that plan in 2007. There is considerable opposition to the move within the Czech Republic.

The Czech National Bank CNB is targeting inflation. In March 2007, a new inflation target of 2% was announced with effect from January 2010. You can find its official current and historical interest rates and exchange rates here.

You can find all CZK related post here, or by clicking the CZK tag on each blog post.