Australian Dollar to Czech Koruna Exchange Rate
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Historical Rate chart of AUD and CZK
|Bank notes:||$5, $10, $20, $50, $100|
|Coins:||5c, 10c, 20c, 50c, $1, $2|
|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
|Dec 2008||Dec 2009||Dec 2010||Dec 2011||Dec 2012||Dec 2013||Dec 2014||Dec 2015||Dec 2016||Dec 2017|
|1 AUD =||13.1350 Inverse: 0.0761||15.9879 Inverse: 0.0625||18.7670 Inverse: 0.0533||19.3764 Inverse: 0.0516||20.4786 Inverse: 0.0488||18.2401 Inverse: 0.0548||18.4884 Inverse: 0.0541||17.9345 Inverse: 0.0558||19.0143 Inverse: 0.0526||16.3034 Inverse: 0.0613|
Australian Dollar to the Czech Koruna for the last 10 months
|Feb 11||Mar 13||Apr 12||May 12||Jun 11||Jul 11||Aug 10||Sep 09||Oct 09||Nov 08|
|1 AUD =||16.2066 Inverse: 0.0617||16.1711 Inverse: 0.0618||15.9247 Inverse: 0.0628||16.0938 Inverse: 0.0621||16.5587 Inverse: 0.0604||16.3596 Inverse: 0.0611||16.4108 Inverse: 0.0609||15.8118 Inverse: 0.0632||15.9656 Inverse: 0.0626||16.5385 Inverse: 0.0605|
Australian Dollar to the Czech Koruna for the last 10 days
|Dec 02||Dec 03||Dec 04||Dec 05||Dec 06||Dec 07||Dec 08||Dec 09||Dec 10||Dec 11|
|1 AUD =||16.8861 Inverse: 0.0592||16.8025 Inverse: 0.0595||16.7958 Inverse: 0.0595||16.5878 Inverse: 0.0603||16.4609 Inverse: 0.0607||16.3713 Inverse: 0.0611||16.3713 Inverse: 0.0611||16.2974 Inverse: 0.0614||16.3797 Inverse: 0.0611||16.4778 Inverse: 0.0607|
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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