Convert Czech Republic Koruna to New Zealand Dollar
Please provide values below to convert Czech Republic Koruna [CZK] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Czech Republic Koruna.
How to Convert Czech Republic Koruna to New Zealand Dollar
1 CZK = 12.5805871779509 NZD
Example: convert 15 CZK to NZD:
15 CZK = 15 × 12.5805871779509 NZD = 188.708807669263 NZD
Czech Republic Koruna to New Zealand Dollar Conversion Table
Czech Republic Koruna | New Zealand Dollar |
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.