Czech koruna
| ISO 4217 Code | CZK |
| User(s) | Czech Republic |
| Inflation | 3.1% |
| Source | Czech National Bank, August 2006 |
| Method | CPI |
| Subunit | |
| 1/100 | haléř |
| Symbol | Kč |
| haléř | h |
| Plural | The language(s) of this currency is of the Slavic languages. There is more than one way to construct plural forms. See article. |
| Coins | |
| Freq. used | 50 h, 1, 2, 5, 10, 20, 50 Kč |
| Rarely used | 10, 20 h |
| Banknotes | 20, 50, 100, 200, 500, 1000, 2000, 5000 Kč |
| Central bank | Czech National Bank |
| Website | www.cnb.cz |
The Czech koruna ("koruna" means crown) has been the currency of the Czech Republic since February 8, 1993. It replaced the Czechoslovak koruna at par.
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. One koruna equals 100 haléřů (abbreviated as "h", singular: haléř, nominative plural: haléře). The acronym is placed behind the numeric value.
The Czech Republic plans to adopt the euro in 2010.
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Coins
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 50 korun coins are bimetallic.
Banknotes
The first Czeck banknotes issued in 1993 consisted of Czechoslovak notes with adhesive stamps affixed to them. Denominations of 100, 500 and 1000 korun were issued. They circulated between 8 February and 31 August 1993[1]. Regular banknotes of denominations 20, 50, 100, 200, 500, 1000, 2000 and 5000 korun were introduced later in 1993 or in 1994 and are all in use as of 2004.
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See also
External links
- Czech banknotes, Czech National Bank
- Czech coins, Czech National Bank
Notes
- ^ "Standard Catalog of World Paper Money", Albert Pick
| Crowns | |
|---|---|
| Current | Czech koruna | Danish krone | Estonian kroon | Faroese króna | Icelandic króna | Norwegian krone | Slovak koruna | Swedish krona |
| Defunct | Austro-Hungarian krone | Czechoslovak koruna | Hungarian korona | Yugoslav krone |
| As a denomination | British crown |
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Categories
Crown (coin) | Currencies of Europe | Circulating currencies | Economy of the Czech Republic