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

Indicator Analysis: Inflation decelerated mainly due to food prices

10/12/2020 12:38 PM

In September, Czech consumer prices declined below the market expectation as well as below the CNB forecast. Apart from seasonal changes, this was mainly caused by lower prices of food. For the coming months, we expect inflation to continue subsiding. The CNB will wait and see while the financial market speculates on rate cuts.

Autor: Michal Brožka
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