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The koruna, or crown ( sign: Kč; code: CZK, Czech: koruna česká ), has been the currency of the Czech Republic since 1993. The koruna is one of the European Union 's eight currencies, and the Czech Republic is legally bound to adopt the euro in the future. The official name in Czech is koruna česká (plural koruny české, though the zero ...
The Czech Republic is bound to adopt the euro in the future and to join the eurozone once it has satisfied the euro convergence criteria by the Treaty of Accession since it joined the European Union (EU) in 2004. The Czech Republic is therefore a candidate for the enlargement of the eurozone and it uses the Czech koruna as its currency ...
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. [7] At present, the euro is legal tender in 20 out of 27 European Union member states, [8] in addition to 5 countries not part of the EU ( Monaco, San Marino, Vatican City, Andorra ...
In 1993, on the breakup of Czechoslovakia, the Czechoslovak koruna split into two independent currencies: the Slovak koruna and the Czech koruna. Accession to the EU in 2004 meant both currencies were slotted to be replaced by the euro once their respective countries met the criteria for economic convergence and there was the political will to ...
The golden coins are issued in thematic sets – Bohemian crown set, Charles IV set, Ten centuries of architecture set, Industrial Heritage Sites set and Bridges in the Czech Republic set. In 1999 the special 2000 Kč silver coin with golden inlay and hologram was issued. [1] In 2019, to commemorate the 100th anniversary of Czechoslovak koruna ...
The Czech power company CEZ said Tuesday its net profit in the first quarter of the year reached 13.6 billion Czech crowns ($592 million), 2.7 billion up compared with the same period of the ...
"Crown", or its equivalent in other languages, is derived from the Latin word corona. The symbol for crown is usually "kr". Some countries use another symbol for it like Íkr, -, Kč. [citation needed] The local name for "crown" depends on the official language of the country. [citation needed] Current use. Czech: koruna; Norwegian and Danish ...
The Czech power utility CEZ said on Thursday its net profit in the first half of 2023 reached 22.3 billion Czech crowns ($1 billion), down from 33.6 billion in the same period a year ago. The ...