Česká národní banka

Světlonoš

The CNB is the central bank of the Czech Republic
and the supervisor of the Czech financial market.

As an independent institution, the Czech National Bank maintains price stability, supervises the financial system and supports its balanced development, and ensures smooth circulation of money and smooth payments.

 


Declared FX rates

Cur. Unit 30.05.2017
eur EUR 26.465 CZK
usd USD 23.690 CZK
gbp GBP 30.496 CZK

show all declared FX rates

Key rates

2W Repo Rate: 0.05%
Discount Rate: 0.05%
Lombard Rate: 0.25%
Reserve Requirement: 2.00%

more about key rates

April 2017: 2.0%

more on inflation

CNB current forecast

Annual consumer price inflation:
2018, Q2 2.1%
2018, Q3 2.0%

more about forecast

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Do you know...

that purity is a number expressing the weight content of a precious metal in an object (bar, coin, jewel, etc.) and is usually indicated in thousandths (for example, 750/1,000 indicates an alloy with 75% precious metal content and 999.9/1,000 an alloy with 99.99% precious metal content)? However, purity can also be expressed in other, older or regional units. The most important of these is the carat, which is still used in jewellery (not to be confused with the carat, e.g. the metric carat, as a unit of mass used for gemstones and pearls). An object of theoretically pure content is designated as having 24 carats. Gold of 750/1,000 purity is therefore 18-carat gold, for example. The carat is not a practical unit for gold bars and coins, as it is not sufficiently precise (although a non-whole number, or the gran, which is one-twelfth of a carat, can be used) and the alloy purities used in jewellery do not always match those used for coins.

Currency Exchange - Ten Golden Rules

Currency Exchange - Ten Golden Rules

Things to know before exchanging money in the Czech Republic.
Czech Money app

Czech Money app

Download the mobile device app on Czech banknotes and coins

Exit from the exchange rate commitment

Koruna

At its extraordinary monetary policy meeting on 6 April 2017, the Bank Board of the Czech National Bank decided to discontinue the use of the exchange rate as an additional instrument for easing the monetary conditions. By taking this step, the CNB returned to the conventional monetary policy regime, in which interest rates are the main instrument. The koruna exchange rate may thus fluctuate in either direction depending on demand and supply. However, the CNB stands ready to use its instruments to mitigate potential excessive exchange rate fluctuations.