Convert Canadian Dollar to Czech Republic Koruna
Please provide values below to convert Canadian Dollar [CAD] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Canadian Dollar.
How to Convert Canadian Dollar to Czech Republic Koruna
1 CAD = 0.0648902224127256 CZK
Example: convert 15 CAD to CZK:
15 CAD = 15 × 0.0648902224127256 CZK = 0.973353336190884 CZK
Canadian Dollar to Czech Republic Koruna Conversion Table
Canadian Dollar | Czech Republic Koruna |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.