Course Czech Koruna
Current average rate CZK
Current rate CZK/PLN:
4,2520
Range:
24 hours
Chart type:
Line chart
Set up a rate notification CZK/PLN
How is the average Czech koruna exchange rate calculated at the National Bank of Poland?
The average CZK exchange rate at the National Bank of Poland is determined on the basis of wholesale market quotations and published in tables as a reference value. This is a useful reference point for billing and comparisons, but does not take into account retail replacement costs. In the case of CZK, it is also important that the transaction offer tends to depend more on the availability of the currency in a given place.
What is the current CZK to PLN exchange rate?
CZK/PLN may change throughout the day and different sources present it differently. It is worth checking whether you see the reference rate (NBP), market quotations, or purchase and sale rates in the exchange offer. For the Czech koruna, the spread may be more important for smaller amounts, because the retail ranges are relatively wide.
What is the difference between the Czech koruna exchange rate from the National Bank of Poland and the exchange rate at currency exchange offices?
The National Bank of Poland publishes the average exchange rate as an information value, while currency exchange offices operate spreads and update rates according to current demand. For CZK, the differences are especially noticeable for smaller amounts, where the spread has a larger share in the cost. The reference rate does not show the price at which you can actually buy or sell the Czech koruna.
How to check the current CZK exchange rate online?
For a complete picture, check the reference value in the NBP table and market quotations at the same time. If you are interested in exchanging, compare buying and selling rates in several places, because for CZK the differences in the spread can vary significantly between institutions. Only transaction rates show the cost in practice.
What does the Czech koruna buying and selling rate mean?
The buying rate is the price at which the institution will buy back the CZK, and the selling rate is the price at which it will sell it. The difference between them acts as a buffer against service costs and price volatility. In the case of CZK, this buffer can be felt, especially with smaller denominations, so it is worth combining several offers.
What does the CZK exchange rate against the Polish zloty depend on?
The impact is influenced by economic relations in the region, expectations regarding interest rates and the publication of macroeconomic data in the Czech Republic and Poland. Additionally, what matters is investors' sentiment towards Central European currencies, which can change along with the global attitude to risk.
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