1 US Dollar to Czech Korunas

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

Countries That Use US Dollar (USD) as their official currency

The US Dollar (USD) is used as the main currency in the following countries: Bonaire, British Indian Ocean Territory, East Timor, Ecuador, El Salvador, Marshall Islands, Saba, Sint Eustatius, Turks and Caicos Islands, United States

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

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

About The US Dollar (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.

About The US Dollar (USD)

The USD - United States Dollar - is the official currency of the United States of America, the world's largest economy. The Dollar is symbolized by '$' and abbreviated as 'USD,' and it is subdivided into 100 smaller units called 'cents.' The US Dollar is not only the most widely used currency in the United States but is also considered the world's primary reserve currency. As the standard unit of currency for global trade and financial transactions, the US Dollar plays a crucial role in the international financial system, reflecting the economic power and influence of the United States.

The United States Dollar has a rich history, dating back to 1792 when it was established by the Coinage Act. The term 'dollar' originated from the Spanish 'dólar,' which in turn was derived from the Dutch word 'daalder,' referring to a type of silver coin used in Europe. The introduction of the Dollar helped create a standardized monetary system for the newly formed United States, replacing the diverse colonial currencies and promoting economic cohesion across the young nation. Since its inception, the US Dollar has become a symbol of stability and trust, supported by the strength of the American economy and its global influence.

The Federal Reserve, often referred to as 'the Fed,' is the central bank of the United States, established in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve is responsible for issuing the US Dollar and setting monetary policy to manage inflation, stabilize prices, and promote economic growth. The Fed plays a key role in regulating interest rates, overseeing the banking system, and ensuring the stability of the Dollar both domestically and internationally. The US Dollar is a free-floating currency, with its value determined by market forces based on supply and demand in the foreign exchange market.

The US Dollar is issued in both coin and banknote forms. Coins are available in denominations of 1, 5, 10, 25, and 50 cents, as well as 1 Dollar. Banknotes are issued in denominations of 1, 2, 5, 10, 20, 50, and 100 Dollars. Each banknote features portraits of prominent historical figures, such as George Washington, Thomas Jefferson, and Abraham Lincoln, reflecting the legacy and leadership of those who played key roles in shaping the United States. The reverse sides of the banknotes include iconic national symbols, such as the Great Seal of the United States and significant landmarks. The banknotes are designed with advanced security features, including watermarks, color-shifting ink, and 3D security ribbons, to prevent counterfeiting.

The United States Dollar is widely accepted not only across the United States but also internationally, serving as the dominant currency for global trade, investment, and reserve holdings. Many countries around the world use the US Dollar as an official or unofficial currency, and it is often used for transactions in countries experiencing high inflation or economic instability. The Dollar's stability, liquidity, and widespread acceptance make it a preferred currency for international business transactions and cross-border investments. The value of the US Dollar is influenced by a wide range of factors, including economic data, Federal Reserve policies, political events, and global trade dynamics.

The US Dollar is used for all types of transactions within the United States, from everyday purchases at grocery stores and restaurants to major business deals and real estate transactions. Tourists visiting the United States will use the Dollar for their travel expenses, including exploring famous attractions such as the Statue of Liberty, the Grand Canyon, Times Square, and the Golden Gate Bridge. The Dollar serves as both a practical currency for daily life and a symbol of American economic strength, resilience, and the nation's global influence.

Despite facing challenges over the years, including economic recessions, periods of inflation, and global financial crises, the United States Dollar has remained a stable and trusted currency. The resilience of the US economy, its strong institutions, and the Federal Reserve's monetary policies have helped maintain confidence in the Dollar. As the United States continues to lead in innovation, technology, and global trade, the US Dollar will remain an essential part of the international financial system, representing economic stability, opportunity, and leadership. The Dollar embodies the economic might of the United States and its role as a cornerstone of the global economy.

US Dollar (USD) Frequently Used Conversions