Australian Dollar to Czech Koruna Exchange Rate
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Historical Rate chart of AUD and CZK
Australian Dollar
| Currency: | Australian Dollar |
| Currency Symbol: | $ |
| Sub unit: | cents |
| Bank notes: | $5, $10, $20, $50, $100 |
| Coins: | 5c, 10c, 20c, 50c, $1, $2 |
Czech Koruna
| Currency: | Czech Koruna |
| Currency Symbol: | Kč |
| 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
| May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 15.1670 Inverse: 0.0659 | 17.6816 Inverse: 0.0566 | 18.2410 Inverse: 0.0548 | 19.5997 Inverse: 0.0510 | 19.7721 Inverse: 0.0506 | 18.7667 Inverse: 0.0533 | 19.3029 Inverse: 0.0518 | 17.4634 Inverse: 0.0573 | 17.6547 Inverse: 0.0566 | 16.2796 Inverse: 0.0614 |
Australian Dollar to the Czech Koruna for the last 10 months
| Jul 2018 | Aug 2018 | Sep 2018 | Oct 2018 | Nov 2018 | Dec 2018 | Jan 2019 | Feb 2019 | Mar 2019 | Apr 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 16.3777 Inverse: 0.0611 | 16.4154 Inverse: 0.0609 | 15.8623 Inverse: 0.0630 | 15.9889 Inverse: 0.0625 | 16.5182 Inverse: 0.0605 | 16.0026 Inverse: 0.0625 | 16.1133 Inverse: 0.0621 | 16.0728 Inverse: 0.0622 | 16.1468 Inverse: 0.0619 | 16.1913 Inverse: 0.0618 |
Australian Dollar to the Czech Koruna for the last 10 days
| May 10 | May 11 | May 12 | May 13 | May 14 | May 15 | May 16 | May 17 | May 18 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 16.0295 Inverse: 0.0624 | 16.0295 Inverse: 0.0624 | 15.9993 Inverse: 0.0625 | 15.9323 Inverse: 0.0628 | 15.9436 Inverse: 0.0627 | 15.8965 Inverse: 0.0629 | 15.8613 Inverse: 0.0630 | 15.8369 Inverse: 0.0631 | 15.8369 Inverse: 0.0631 | 15.9334 Inverse: 0.0628 |
Send money from Australia to Czech Republic
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
Market rate for common transfer amounts AUD to CZK
| Australian Dollars (AUD) | Czech Koruna (CZK) |
|---|---|
| $1 | 0 |
| $100 | 0 |
| $500 | 0 |
| $1000 | 0 |
| $1500 | 0 |
| $2500 | 0 |
| $5000 | 0 |
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.
