Euro Exchange Rate
EUR/CZK
One haler is one-hundredth of a koruna (CZK)
The Czech National Bank (ČNB) is known for its interventions in the foreign exchange market
The automotive industry is driving the koruna's exchange rate
Check the current EUR exchange rate and calculate how the transaction can go if you make it with our dealer.
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What factors influence the current exchange rate between the euro and the Czech koruna (EUR/CZK)?
Two institutions primarily influence the movement of this exchange rate:
- The European Central Bank (ECB) – which determines the strength of the euro.
- The Czech National Bank (ČNB) – which is known for its independence and very decisive interest rate policy.
The difference in interest rates between the eurozone and the Czech Republic is the main factor that attracts (or deters) global capital from the Czech koruna. The EUR/CZK exchange rate also reacts to data from the automotive industry, which is the driving force behind the Czech economy.
Currency converter and quick exchange: EUR/CZK
To check the current value, enter the amount you’re interested in into the calculator above. Looking for conversions directly in Polish currency? Check our current exchange rate for the Czech koruna to the Polish zloty (CZK/PLN).
EUR/CZK exchange rates for businesses and the e-commerce sector
At Trejdoo, we support your business. We offer companies the opportunity to negotiate exchange rates for larger transactions. By avoiding the high spreads at traditional banks, you retain full control over your margin. Additionally, you can quickly and securely transfer the Czech korunas exchanged with us directly to your Czech business partners’ accounts.
Multi-currency card – perfect for the Czech market
With it, you don’t have to worry about double currency conversion. You can exchange euros or zlotys for Czech korunas at an excellent rate on our platform, and then pay with your card in the Czech Republic directly from your CZK balance. It’s the most convenient and cheapest way to cover business (and personal) expenses south of the border.
Frequently Asked Questions (FAQ) - EUR/CZK
How to correctly read the EUR/CZK exchange rate?
In this currency pair, the euro (EUR) is the base currency and the Czech koruna (CZK) is the quote currency. The exchange rate displayed shows how many korunas you need to pay for 1 euro. If you see a rate of 25.3000 on the screen, it means that one euro costs 25 korunas and 30 halers.
Why is the EUR/CZK exchange rate so stable compared to other currencies in the region?
The Czech National Bank (ČNB) holds massive foreign exchange reserves and is capable of intervening in the market very effectively. In the past, the ČNB even maintained a so-called “hard cap” on the koruna, preventing it from appreciating too much in order to protect Czech exporters. This predictability of the central bank means that the EUR/CZK pair is often less volatile than, for example, the EUR/PLN pair.
What economic data has the strongest impact on the Czech koruna?
In addition to inflation and interest rate decisions, investors trading the EUR/CZK pair closely monitor data from the manufacturing sector (PMI) – both in the Czech Republic and in Germany. Given the Czech Republic’s powerful automotive industry (including Skoda’s plants), a slowdown among its western neighbors quickly impacts the koruna’s exchange rate.
What are the best times to exchange EUR for CZK?
The most favorable market conditions—including the highest liquidity and lowest spreads—occur during the business hours of European financial institutions. It is best to execute EUR/CZK trades on Trejdoo between 9:00 a.m. and 5:00 p.m. CET.