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Information about Czech Koruna

Czech koruna
koruna česká (Czech)
ISO 4217 CodeCZK
User(s)Czech Republic
Inflation2.4%
SourceCzech National Bank, August 2007
MethodCPI
Subunit
1/100haléř
SymbolKč
haléřh
PluralThe language(s) of this currency belong(s) to the Slavic languages. There is more than one way to construct plural forms. See article.
Coins''50 h, 1, 2, 5, 10, 20, 50 Kč
Banknotes''20, 50, 100, 200, 500, 1000, 2000, 5000 Kč
Central bankCzech National Bank
Websitewww.cnb.cz
The Czech koruna (koruna means "crown") has been the currency of the Czech Republic since February 8, 1993 when it and its Slovak counterpart both replaced the Czechoslovak koruna at par. Now 1 CZK is worth around 1.19 – 1.25 SKK.

The official name in Czech is koruna česká (the plural form is koruny české, but the genitive plural form korun českých is usually found on banknotes). The ISO 4217 code is CZK and the local acronym is Kč, which is placed after the numeric value (e.g., "50 Kč"). One koruna equals 100 haléřů (abbreviated as "h", singular: haléř, nominative plural: haléře).

The koruna has been fully convertible since 1995 and began to float in 1999.[1] The Czech Republic plans to adopt the euro in 2012.

Coins

Main article: Coins of the Czech koruna
Coins are currently in circulation with denominations of 50h, 1, 2, 5, 10, 20 and 50 korun (20 korun is more commonly found as coins, whereas 50 korun is more common as a banknote). The 10 and 20 haléřů coins were taken out of circulation by 31 October 2003. The 10, 20 and 50 h coins are made of aluminium, the others of steel plated with different alloys. The 50 korun coins are bicolor. The coins have a uniform design: the obverse features the Czech lion, while the main feature on the reverse is the indication of value. The shape of the coins varies with denomination: some are round, others are polygonal.

Since 1997, sets for collectors are also issued yearly with proof quality coins. In 2000, the 10 and 20 korun coins were minted with a different obverese to commemorate the Millennium. In the beginning coins were minted in Hamburg then in the Czech Republic. There's also a tradition of issuing commemorative coins - including silver and gold coins - for numismatic purposes.

Banknotes

Main article: Banknotes of the Czech koruna
The first Czech banknotes issued in 1993 consisted of Czechoslovak notes with adhesive stamps affixed to them. Only the 100, 500 and 1000 korun denominations were overstamped, the lower denominations circulated unchanged during this transitional period. The former circulated until end-August, the latter until end-July.

A newly designed series of banknotes of denominations 20, 50, 100, 200, 500, 1000, 2000 and 5000 korun were introduced later in 1993 and in 1994 and are all in use as of 2006 - except for the first versions of 1000 and 5000 korun notes, since the security features of these notes were upgraded in the subsequent issues (However, the 2000 note is still valid in both versions, with and without the new security features). These banknotes feature renowned Czech persons on the obverse and abstract compositions on the reverse. Modern protective elements can be found on all banknotes.

Consumer price index

Consumer price index
Year CPI[2]
199320.8[3]
199410.0
19959.1
19968.8
19978.5
199810.7
19992.1
20003.9
20014.7
20021.8
20030.1
20042.8
20051.9
20062.5


Current CZK exchange rates
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References

1. ^ [1]
2. ^ [2]
3. ^ [3]

See also

External links

 •  • [ e]
Currencies named crowns or similar
CirculatingCzech koruna Danish krone Estonian kroon Faroese krna Greenlandic koruuni (from 2008 onwards) Icelandic krna Norwegian krone Slovak koruna Swedish krona
ObsoleteAustrian Netherlands kronenthaler Austro-Hungarian krone Bohemian and Moravian koruna Czechoslovak koruna Hungarian korona Liechtenstein krone Yugoslav krone
As a denominationBritish crown kronenthaler
 •  • [ e]
Euro-related topics
TopicsEurozone (enlargement) Currencies related to the euro European Monetary System European Currency Unit European Exchange Rate Mechanism Economic and Monetary Union of the European Union Stability and Growth Pact Introduction of the euro Euro coins Euro banknotes Euro sign Linguistic issues concerning the euro
Coins by country – adopted Austria Belgium Finland France Germany Greece Ireland Italy Luxembourg Monaco Netherlands Portugal San Marino Slovenia Spain Vatican
Coins by country – future Bulgaria Cyprus (2008) Czech Rep. Estonia Hungary Latvia Lithuania Malta (2008) Poland Romania Slovakia
Coins by country – other Andorra Denmark Sweden  United Kingdom
Coins by denomination€0.01 €0.02 €0.05 €0.10 €0.20 €0.50 €1 €2 €2 commemorative coins
Pre-euro currenciesAustrian Schilling Belgian franc Dutch gulden Finnish markka French franc German Mark Greek drachma Irish pound Italian lira Luxembourgian franc Monegasque franc Portuguese escudo Sammarinese lira Slovenian tolar Spanish peseta Vatican lira
ERM II currenciesCypriot pound Danish krone Estonian kroon Latvian lats Lithuanian litas Maltese lira Slovak koruna
Other EU currenciesBritish pound Bulgarian lev Czech koruna Gibraltar pound Hungarian forint Polish złoty Romanian leu Swedish krona
Note: Denmark and the UK currently opt to maintain their national currencies, the krone and the pound. Sweden has not made any further efforts towards its obligation to join (and withdraw the krona) after the failed referendum in 2003.
 •  • [ e]
Currencies of Europe
EurozoneEuro
NorthernDanish krone Faroese krna Icelandic krna Norwegian krone Swedish krona
BalticEstonian kroon Latvian lats Lithuanian litas
WesternBritish pound Guernsey pound Jersey pound Manx pound
CentralCzech koruna Hungarian forint Polish złoty Slovak koruna Swiss franc
EasternBelarusian ruble Kazakhstani tenge Russian ruble(Russia and Abkhazia and South Ossetia (unrecognized)) Transnistrian ruble (unrecognized) Ukrainian hryvnia
SoutheasternAlbanian lek Bosnia-Herzegovina konvertibilna marka Bulgarian lev Croatian kuna Macedonian denar Moldovan leu Romanian leu Serbian dinar
MediterraneanCypriot pound Gibraltar pound Maltese lira Turkish new lira (Turkey and Northern Cyprus (unrecognized))
TranscaucasiaArmenian dram (Armenia and Nagorno-Karabakh (unrecognized)) Azerbaijani manat Georgian lari
ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO).
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Motto
"Pravda vítězí"   (Czech)
"Truth prevails"
Anthem
Kde domov můj
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Inflation is measured as the growth of the money supply in an economy, without a commensurate increase in the supply of goods and services. This results in a rise in the general price level as measured against a standard level of purchasing power.
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A consumer price index (CPI) is an index number measuring the average price of consumer goods and services purchased by households. It is one of several price indices calculated by national statistical agencies. The percent change in the CPI is a measure of inflation.
..... Click the link for more information.
A currency sign is a graphic symbol often used as a shorthand for a currency's name. Internationally, ISO 4217 codes are used instead of currency signs, though currency signs may be in common use in their respective countries.
..... Click the link for more information.
Plural is a grammatical number, typically referring to more than one of the referent in the real world.

In the English language, singular and plural are the only grammatical numbers.

In English, nouns, pronouns, and demonstratives inflect for plurality.
..... Click the link for more information.
Slavic languages (also called Slavonic languages), a group of closely related languages of the Slavic peoples and a subgroup of Indo-European languages, have speakers in most of Eastern Europe, in much of the Balkans, in parts of Central Europe, and in the northern part of
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Czech koruna coins are part of the physical form of the current Czech currency, the Czech koruna.

Current issues - regular
Image Value Technical parameters Description Date of
..... Click the link for more information.
Czech koruna paper money is part of the physical form of Czechia's currency. All Czech paper money are banknotes. First overstamped Czechoslovak koruna banknotes served as legal tender in the just-created Czech Republic.
..... Click the link for more information.

Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
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The Czech National Bank (Czech: Česká Národní Banka, ČNB) is the central bank and financial market supervisor in the Czech Republic with its headquarters in Prague. The Bank's governor is Zdeněk Tůma.
..... Click the link for more information.
Motto
"Pravda vítězí"   (Czech)
"Truth prevails"
Anthem
Kde domov můj
..... Click the link for more information.
February 8 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.

Events

  • 421 - Constantius III becomes co-Emperor of the Western Roman Empire.

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19th century - 20th century - 21st century
1960s  1970s  1980s  - 1990s -  2000s  2010s  2020s
1990 1991 1992 - 1993 - 1994 1995 1996

Year 1993 (MCMXCIII
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Slovak koruna
slovenská koruna (Slovak)

20, 200, 500 korún 1 koruna
ISO 4217 Code SKK
User(s) Slovakia

Inflation 2.
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Czechoslovak koruna
koruna československá (Czech)
koruna československá
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Czech}}} 
Official status
Official language of:  Czech Republic
 European Union
Regulated by: Czech Language Institute
Language codes
ISO 639-1: cs
ISO 639-2: cze (B)  ces (T)
ISO 639-3: ces
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Plural is a grammatical number, typically referring to more than one of the referent in the real world.

In the English language, singular and plural are the only grammatical numbers.

In English, nouns, pronouns, and demonstratives inflect for plurality.
..... Click the link for more information.
ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO).
..... Click the link for more information.
The heller, or haller was a German coin valued at half a pfennig named after city of Hall (today Schwäbisch Hall). The coin was produced beginning in the 13th century as silver pfennig (Häller Pfennig). 100 "hellers would be equal to $5.
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grammatical number is grammatical category of nouns, pronouns, and verb agreement that expresses count distinctions (such as "one" or "more than one").[1]
..... Click the link for more information.
Plural is a grammatical number, typically referring to more than one of the referent in the real world.

In the English language, singular and plural are the only grammatical numbers.

In English, nouns, pronouns, and demonstratives inflect for plurality.
..... Click the link for more information.
Euro
Ευρώ (Greek)
Евро[1]
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This article or section contains information about scheduled or expected future events.
It may contain tentative information; the content may change as the event approaches and more information becomes available.
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Czech koruna coins are part of the physical form of the current Czech currency, the Czech koruna.

Current issues - regular
Image Value Technical parameters Description Date of
..... Click the link for more information.
October 31 is the feast day of the following Roman Catholic Saints:
  • St. Arnulf
  • St. Bega
  • St. Quentin
  • St.
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    • 20th century - 21st century - 22nd century
    1970s  1980s  1990s  - 2000s -  2010s  2020s  2030s
    2000 2001 2002 - 2003 - 2004 2005 2006

    2003 by topic:
    News by month
    Jan - Feb - Mar - Apr - May - Jun
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    A millennium (pl. millennia) is a period of time equal to one thousand years (from Latin mille, thousand, and annum, year).
    ..... Click the link for more information.
    Czech koruna paper money is part of the physical form of Czechia's currency. All Czech paper money are banknotes. First overstamped Czechoslovak koruna banknotes served as legal tender in the just-created Czech Republic.
    ..... Click the link for more information.
    A consumer price index (CPI) is an index number measuring the average price of consumer goods and services purchased by households. It is one of several price indices calculated by national statistical agencies. The percent change in the CPI is a measure of inflation.
    ..... Click the link for more information.


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