Australian Dollar to Czech Koruna Exchange Rate
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Historical Rate chart of AUD and CZK
|Sub unit symbol:||c|
|Bank notes:||$1, $5, $10, $20, $50, $100|
|Coins:||1c, 5c, 10c, 25c, 50c|
|Sub unit:||haléř (defunct)|
|Sub unit symbol:||h|
|Bank notes:||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 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.
Australian Dollar to the Czech Koruna for the last 10 years
|Feb 2008||Feb 2009||Feb 2010||Feb 2011||Feb 2012||Feb 2013||Feb 2014||Feb 2015||Feb 2016||Feb 2017|
|1 AUD =||15.7536 Inverse: 0.0635||14.5903 Inverse: 0.0685||17.0220 Inverse: 0.0587||18.0861 Inverse: 0.0553||20.4072 Inverse: 0.0490||19.6009 Inverse: 0.0510||17.9426 Inverse: 0.0557||18.7370 Inverse: 0.0534||17.3945 Inverse: 0.0575||19.5009 Inverse: 0.0513|
Australian Dollar to the Czech Koruna for the last 10 months
|Apr 2017||May 2017||Jun 2017||Jul 2017||Aug 2017||Sep 2017||Oct 2017||Nov 2017||Dec 2017||Jan 2018|
|1 AUD =||18.9407 Inverse: 0.0528||17.6259 Inverse: 0.0567||17.7849 Inverse: 0.0562||17.6734 Inverse: 0.0566||17.5795 Inverse: 0.0569||17.4221 Inverse: 0.0574||17.0982 Inverse: 0.0585||16.4135 Inverse: 0.0609||16.7139 Inverse: 0.0598||16.6034 Inverse: 0.0602|
Australian Dollar to the Czech Koruna for the last 10 days
|Feb 09||Feb 10||Feb 11||Feb 12||Feb 13||Feb 14||Feb 15||Feb 16||Feb 17||Feb 18|
|1 AUD =||16.1841 Inverse: 0.0618||16.1895 Inverse: 0.0618||16.2066 Inverse: 0.0617||16.2008 Inverse: 0.0617||16.1486 Inverse: 0.0619||16.1364 Inverse: 0.0620||16.1006 Inverse: 0.0621||16.1649 Inverse: 0.0619||16.1499 Inverse: 0.0619||16.1600 Inverse: 0.0619|
Market rate for common transfer amounts AUD to CZK
|Australian Dollars (AUD)||Czech Koruna (CZK)|
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 AUD to other currencies
- Bahamian Dollar (BSD)
- Bahraini Dinar (BHD)
- Bangladeshi Taka (BDT)
- Barbadian Dollar (BBD)
- Belarusian Ruble (BYN)
- Belize Dollar (BZD)
- Bermudian Dollar (BMD)
- Bhutanese Ngultrum (BTN)
- Bitcoin (BTC)
- Bitshares (BTS)
- Bolivian Boliviano (BOB)
- Botswana Pula (BWP)
- Brazilian Real (BRL)
- Brunei Dollar (BND)
- Bulgarian Lev (BGN)
- Burundian Franc (BIF)
- Macanese Pataca (MOP)
- Macedonian Denar (MKD)
- Malagasy Ariary (MGA)
- Malawian Kwacha (MWK)
- Malaysian Ringgit (MYR)
- Maldivian Rufiyaa (MVR)
- Mauritanian Ouguiya (MRO)
- Mauritius Rupee (MUR)
- Mexican Peso (MXN)
- Moldovan Leu (MDL)
- Monero (XMR)
- Mongolian Tugrik (MNT)
- Moroccan Dirham (MAD)
- Mozambican Metical (MZN)
- Salvadoran Colon (SVC)
- Samoan Tala (WST)
- São Tomé and Príncipe Dobra (STD)
- Saudi Riyal (SAR)
- Serbian Dinar (RSD)
- Sierra Leonean Leone (SLL)
- Singapore Dollar (SGD)
- Solomon Islands Dollar (SBD)
- Somali Shilling (SOS)
- South African Rand (ZAR)
- Sri Lankan Rupee (LKR)
- Surinamese Dollar (SRD)
- Swazi Lilangeni (SZL)
- Swedish Krona (SEK)
- Swiss Franc (CHF)
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