Currencies
FX market is a global market with a very high liquidity and trade volumes. This global market is open 24/7 except for the weekends and a few selected public holidays. The interbank trades are done through electronic systems EBS and Thomson Reuters Dealing. FX market is decentralized, which means there is no central exchange and the trades are realized on the over-the-counter (OTC) basis. Komerční banka enables access to this market through dealing and KB eTrading electronic platform.
Current rates
The quotes are derived from the current rates on the interbank market. The bid-offer spread represents the spread for a typical client trade.
Exchange rates
Exchange rates list states the rates at which it is possible to buy or sell foreign currencies for Czech Crowns at any KB branch in cash (banknotes) or cashless transactions.
Related commentary and analysis
Czech Economic Outlook: Low all around, the highest at home
7/30/2019 2:10 PM
Czech economy showing unexpected resilience Despite problems in the German industry Czech trade figures print record high results and the manufacturing sector maintains positive dynamics. Inflation remains high and the rise in excise tax will boost it next year. CNB to halt tightening due to external risks Although domestic statistic should suggest the CNB to hike further, we doubt that the board would increase rates in current very uncertain environment. That said, we expect rates stability for some time now.
Other commentaries
- 7/30/2019 2:10 PMCzech Economic Outlook: Low all around, the highest at home
- 6/28/2019 2:30 PMComments on macroeconomic indicators: High wages continue to cut profit margins
- 6/11/2019 1:35 PMComments on macroeconomic indicators: Inflation climbs upward once again
Show more