1 Czech Koruna to Thai Baht

Find the daily exchange rates for CZK/THB and for all the top World currencies.

Countries That Use Czech Koruna (CZK) as their official currency

The Czech Koruna (CZK) is used as the main currency in the following countries: Czech Republic

Countries That Use Thai Baht (THB) as their official currency

The Thai Baht (Thai Baht) is used as the main currency in the following countries: Thailand

About The Czech Koruna (THB)

The THB - Thai Baht - is the official currency of Thailand, a country known for its rich cultural heritage, tropical beaches, and welcoming people. The Thai Baht is symbolized by '฿' and abbreviated as 'THB.' It is subdivided into 100 smaller units called 'satang.' The Baht plays an essential role in supporting Thailand's economy, which is the second-largest in Southeast Asia, characterized by its mix of agriculture, manufacturing, tourism, and services sectors.

The Thai Baht has a long history, with its origins tracing back to a traditional system of weights used for precious metals. The term 'baht' was originally used as a unit of weight for silver, and the currency evolved from this historical context. The modern Baht was officially introduced in 1902, replacing the 'tical,' which was another name for the same currency at the time. The introduction of the Baht helped modernize Thailand’s monetary system and align it with international standards, reflecting the country’s ongoing development and openness to global trade.

The Bank of Thailand (BoT), the central bank of Thailand, is responsible for issuing and regulating the Thai Baht. Established in 1942, the BoT plays a crucial role in maintaining monetary stability, controlling inflation, and promoting sustainable economic growth. The central bank formulates monetary policy, manages the country’s foreign exchange reserves, and sets interest rates to ensure the stability of the Baht. The Thai Baht is a free-floating currency, with its value determined by supply and demand in the foreign exchange market, although the BoT sometimes intervenes to manage excessive volatility.

The Thai Baht is issued in both coin and banknote forms. Coins are available in denominations of 25 and 50 satang, as well as 1, 2, 5, and 10 Baht. Banknotes are issued in denominations of 20, 50, 100, 500, and 1,000 Baht. The banknotes feature portraits of King Maha Vajiralongkorn (Rama X) and his father, King Bhumibol Adulyadej (Rama IX), who was deeply loved and respected by the Thai people. The reverse sides of the banknotes showcase important historical figures, monuments, and symbols that represent Thailand's rich cultural heritage and history. The banknotes also incorporate advanced security features, including watermarks, security threads, and holographic elements, to prevent counterfeiting.

Thailand’s economy is diverse, with key sectors including agriculture, tourism, automotive manufacturing, and electronics. The Thai Baht plays a central role in facilitating the economic activities of the country, from the rice paddies of rural Thailand to the bustling manufacturing hubs in Bangkok and its surrounding areas. Tourism is a major contributor to the economy, with millions of visitors attracted each year by Thailand's natural beauty, cultural landmarks, and world-famous hospitality. The stability of the Baht is crucial to maintaining investor confidence, promoting trade, and supporting the tourism industry, which remains a vital source of revenue for the country.

The Thai Baht is used throughout Thailand for all types of transactions, from buying fresh produce in local markets to making larger purchases in modern shopping malls and business transactions in major cities like Bangkok, Chiang Mai, and Phuket. Tourists visiting Thailand will use the Baht for their travel expenses, including visiting famous attractions such as the Grand Palace, Wat Pho, and the stunning beaches of Krabi and Phuket. The Baht serves as a symbol of Thailand's economic independence, cultural heritage, and its resilience in the face of both local and global challenges.

Despite facing challenges such as the Asian financial crisis in 1997, during which the Baht was devalued, Thailand has demonstrated economic resilience and adaptability. The Thai government and the Bank of Thailand implemented economic reforms that helped stabilize the currency and set the foundation for future growth. Today, the Thai Baht remains a trusted and stable currency in Southeast Asia, representing the country’s progress, determination, and ability to thrive in a dynamic global economy. As Thailand continues to grow and establish itself as a key player in the region, the Thai Baht remains a symbol of the nation's aspirations for prosperity and development.

About The Czech Koruna (CZK)

The CZK - Czech Koruna - is the official currency of the Czech Republic, a country known for its rich history, stunning architecture, and vibrant cultural heritage in Central Europe. The Czech Koruna is symbolized by 'Kč' and is subdivided into 100 smaller units called 'haléř.' The word 'Koruna' means 'crown' in Czech, reflecting a historical association with monarchy, similar to other European currencies named after crowns. The CZK is an important symbol of the Czech Republic’s economic independence and is widely used in daily transactions throughout the country.

The Czech Koruna was introduced on February 8, 1993, following the peaceful dissolution of Czechoslovakia into two separate nations: the Czech Republic and Slovakia. Before this split, the Czechoslovak Koruna was used across both countries. The introduction of the Czech Koruna marked the beginning of a new chapter in the country’s history, with a currency that would serve the needs of the independent Czech economy. Since its introduction, the Koruna has remained a strong and stable currency, reflecting the solid economic foundations of the Czech Republic.

The Czech Republic has a developed and diverse economy, driven by manufacturing, automotive production, engineering, and tourism. The Czech Koruna plays a vital role in supporting this economy, which is one of the most prosperous in Central and Eastern Europe. The value of the CZK is influenced by factors such as foreign investment, trade relations, and the performance of the Eurozone, given that the Czech Republic is heavily integrated into European markets. The country is a member of the European Union but has not adopted the Euro, opting instead to maintain its national currency.

The Czech Koruna is issued in both coin and banknote forms by the Czech National Bank (Česká národní banka), which is responsible for managing monetary policy and ensuring financial stability. Coins are available in denominations of 1, 2, 5, 10, 20, and 50 Korun, while banknotes are issued in values of 100, 200, 500, 1,000, 2,000, and 5,000 Korun. The banknotes feature portraits of significant figures from Czech history, such as Charles IV, who was Holy Roman Emperor and King of Bohemia, and Božena Němcová, a prominent writer. The banknotes also showcase cultural symbols, historical landmarks, and architectural achievements that reflect the Czech Republic's rich heritage.

The Czech Koruna is a free-floating currency, with its value determined by the foreign exchange market. The Czech National Bank occasionally intervenes in the currency market to stabilize the Koruna during periods of excessive volatility or to support monetary policy objectives. This approach has contributed to maintaining the stability of the CZK and has helped keep inflation under control, which is important for the Czech Republic's export-driven economy.

The Koruna is used throughout the Czech Republic for all types of transactions, from buying everyday items in local markets to paying for services and goods in the thriving tourism industry. Visitors to the Czech Republic will use the Koruna when exploring famous attractions such as Prague Castle, the Charles Bridge, and the historic spa towns. The currency is an essential part of daily life, and its vibrant designs reflect the Czech Republic's cultural identity, historical pride, and architectural beauty.

Despite being a relatively small country, the Czech Republic has a significant place in the European economy, and the Czech Koruna is a testament to the country’s financial resilience and economic development. The Czech Republic’s strategic location in Europe, combined with its skilled workforce and strong industrial base, has made the Koruna an important currency for regional trade and investment. As the country continues to grow and integrate further with European markets, the CZK remains a symbol of the Czech Republic's sovereignty, stability, and economic success.

Czech Koruna (CZK) Frequently Used Conversions