Convert United States Dollar to Czech Republic Koruna
Please provide values below to convert United States Dollar [USD] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to United States Dollar.
How to Convert United States Dollar to Czech Republic Koruna
1 USD = 0.0476258513120922 CZK
Example: convert 15 USD to CZK:
15 USD = 15 × 0.0476258513120922 CZK = 0.714387769681383 CZK
United States Dollar to Czech Republic Koruna Conversion Table
| United States Dollar | Czech Republic Koruna |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.