Czech crown

Czech crown ( Koruna česká )
Country:	Czech Republic
Subdivision:	100 Haléřů (Heller)
ISO 4217 code :	CZK
Abbreviation:	Kč
Exchange rate : (August 24, 2020)	1  EUR  = 26.091 CZK 100 CZK = 3.833 EUR 1  CHF  = 24.246 CZK 100 CZK = 4.124 CHF

Exchange rate to the euro since 1999

The Czech crown ( Koruna česká ) has been the currency of the Czech Republic since February 8, 1993 (shortly after the division of Czechoslovakia and the establishment of the Czech Republic on January 1, 1993) . One crown is divided into 100 hellers (haléř) .

Coins and banknotes

There are or were the following coins : 1 crown, 2 crowns, 5 crowns, 10 crowns, 20 crowns and 50 crowns. The coins of 10, 20 and 50 Heller were withdrawn . In retail, however, calculations are still made in 10-Heller increments, but commercially rounded down or up to full crowns for cash payments.

The 50 kroner coin was minted in 1993 in order to accelerate the currency separation of the Czech Republic from Slovakia - it was not possible to print 50 kroner notes in a short period of time. After enough 50 kroner bills had been printed, the coins were withdrawn but remained valid. They were later put back into circulation because rising wages and prices meant that it was no longer worthwhile to print new banknotes (their purchasing power has decreased, currently around 2 euros, they are used a lot and therefore wear out too quickly).

The 50-krone coin was voted the coin of the year 1993 (most beautiful coin in the world) in the World Coins survey in the course coin category in 1994.

There are or were the following banknotes : 20 kroner (valid until August 31, 2008), 50 kroner (valid until March 31, 2011), 100 kroner, 200 kroner, 500 kroner, 1000 kroner, 2000 kroner and 5000 kroner. Furthermore, between February 8, 1993 and August 31, 1993 banknotes of 100 kroner, 500 kroner and 1000 kroner were printed in the design of the Czechoslovak krona, all of which were withdrawn on August 31, 1993.

For more information on the history of the crown, see the Czechoslovak crown .

Coins

Common coins in the Czech Republic

Face value	front	back	Motif front	Motif back	Weight	diameter	thickness	material	edge	First edition
1 crown			Bohemian lion	Wenceslas Crown	3.6 g	20 mm	1.85 mm	Nickel plated steel	corrugated	1993
2 crowns			Bohemian lion	Great Moravian button jewelry	3.7 g	21.5 mm, elephant	1.85 mm	Nickel plated steel	rounded, smooth	1993
5 crowns			Bohemian lion	Charles Bridge	4.8 g	23 mm	1.85 mm	Nickel plated steel	smooth	1993
10 crowns			Bohemian lion	Petrov Hill with St. Peter and Paul Cathedral	7.62 g	24.5 mm	2.55 mm	Copper plated steel	corrugated	1993
20 crowns			Bohemian lion	Wenceslas statue with the text of the Wenceslas choir: "SVATÝ VÁCLAVE NEDEJ ZAHYNOUT NÁM I BUDOUCÍM" ( St. Wenceslas, let us and the future not perish )	8.43 g	26 mm triangle	2.55 mm	Brass plated steel	rounded, smooth	1993
50 crowns			Bohemian lion	Prague old town , "PRAGA MATER URBIUM" ( Prague, mother of cities )	9.7 g	27.5 mm	2.55 mm	Ring: copper plated steel , core: brass plated steel	smooth	1993

Hellermünzen withdrawn from circulation

Face value	Front and back side	Weight	diameter	thickness	material	edge	End of validity
10 lighter		0.6 g	15.5 mm	1.7 mm	Aluminum-magnesium alloy	smooth	October 31, 2003
20 lighter		0.74 g	17 mm		Aluminum-magnesium alloy	corrugated	October 31, 2003
50 lighter		0.9 g	19 mm		Aluminum-magnesium alloy	corrugated, smooth	August 31, 2008

Commemorative coins

Face value	front	back	Motif front	Motif back	Weight	diameter	thickness	material	edge	First edition
200 crowns			different motifs	different motifs				silver		1994
500 crowns			different motifs	different motifs				silver		2011

Commemorative coins were minted from silver at 200 and 500 kroner and from gold at 1000, 2000, 2500, 5000 and 10,000 kroner.

Banknotes

The plan to introduce a new series of post-communist banknotes was being pursued even before the secession of Slovakia. A design by the Czech Oldřich Kulhánek , who prevailed over his Slovak competitor Joseph Bubák , was to be used for the banknotes . The following portraits were planned:

10 crowns Prince Pribina
20 crowns Kyrill und Method
50 crowns Přemysl Otakar I.
100 crowns Charles IV.
200 crowns Johann Amos Comenius
500 crowns Ľudovít Štúr
1000 crowns František Palacký
2000 crowns Milan Rastislav Štefánik
5000 crowns Tomáš Garrigue Masaryk

After it became clear that the two countries would go their separate ways, the Slovak portraits had to be exchanged. Přemysl Otakar I. switched to the 20-kroner note and the female figures Agnes von Böhmen (50 kroner), Božena Němcová (500 kroner) and Emmy Destinn (2000 kroner) were added. The banknote designs for 100, 200 and 1000 kroner were largely completed by this time, only the bank name ( Státní banka československá ) and the denomination ("Czechoslovak crown") had to be changed.

The first issue of Czech National Bank banknotes was put into circulation in 1993. The 50, 100 and 500 kroner notes were produced in the UK printer De La Rue , while the 200, 1000 and 5000 kroner notes were produced in the Czech securities printing house . On the banknotes, this difference is expressed in the font used for the serial numbers printed on the lower edge. In addition, the notes produced in England show a visible color variance compared to the equivalents of the later issue years.

In 1994, the banknote series was expanded to include the 20-krone note. Together with the second edition of the 50-kroner note from 1994, the 100- and 500-kroner note from 1995 and the first edition of the 2000-kroner note from 1996, which completed the series, the design of the notes underwent a major innovation : Since then there has been a graphic symbol in the lower half of the watermark area on the back corresponding to the theme of the banknote. The symbol of the 100, 200, 500 and 2000 is green, that of the 20, 50, 1000 and 5000 is blue. A "flaw" in the concept of the series that had not been resolved until the issue of the 1000 kroner note from 1996 is the transparent register, which is the abbreviation Cs for Č esko s lovensko (Czechoslovakia).

Since the second issue of the 1000- krone note from 1996, the corrected transparent register has shown the abbreviation ČR for Č eská R epublika (Czech Republic). This change was then carried out on the 50s, 100s, 500s, 200s issued in 1998 and 2000s and 5000s that were issued in 1999.

Since their first issue, the Czech banknotes have undergone only a few modifications in terms of their conceptualization: A significant renewal of the security features of the 500, 1000, 2000 and 5000 kroner banknotes took place with the corresponding issues from 2007 to 2009. A number of these security standards have now been implemented extended to 100 and 200 kroner notes. These were put into circulation by the Czech National Bank on September 5, 2018.

On the occasion of the 100th anniversary of the Czech and Czechoslovak currency, the Czech National Bank issued a commemorative banknote on January 30, 2019. It is a 100 crown note from the year of issue 2018 with a silver foil print in the watermark area on the front. The circulation of this banknote is 200,000 pieces. Three of these commemorative banknotes can be used per person at their nominal value, i.e. H. 300 CZK, can be exchanged in branches of the Czech National Bank while stocks last. The banknotes can be used for normal cash transactions.

Issued banknotes of the Czech National Bank

Face value	front	back	Main color	Dimensions	Year of issue	signature	Serial prefixes	Approval in circulation	Collection from circulation	pressure
20 crowns	Přemysl Otakar I.	Royal crown; Sicilian Golden Bull	Light Blue	128 × 64 mm	1994	Josef Tošovský	A, B	April 20, 1994	August 31, 2008	Státní tiskárna cenin
							B.	February 1, 1996
50 crowns	Agnes of Bohemia	Vault in the Salvator Church of the Agnes Monastery	pink	134 × 64 mm	1993	Josef Tošovský	A.	October 6, 1993	March 31, 2011	De la Rue
					1994		B.	December 21, 1994		Státní tiskárna cenin
					1997		C, D, E	September 10, 1997
100 crowns	Charles IV	Seal of Charles University in Prague	Light green	140 × 69 mm	1993	Josef Tošovský	A.	June 30, 1993	January 31, 2007	De la Rue
					1995		B.	June 21, 1995		Státní tiskárna cenin
					1997		C, D, E, F, G, H	October 15, 1997
					2018	Jiří Rusnok	J	5.9.2018
100 crowns	Charles IV ; Imprint " ČNB - 1919–2019 - 100 Years of the Czech Crown"	Seal of Charles University in Prague	Light green	140 × 69 mm	2018	Jiří Rusnok	M.	January 30, 2019		Státní tiskárna cenin
200 crowns	Johann Amos Comenius	Touch of the hand of an adult and that of a child; School book with the inscription " Orbis pictus "	orange	146 × 69 mm	1993	Josef Tošovský	A.	February 8, 1993	January 31, 2007	Státní tiskárna cenin
					1996		B.	August 14, 1996
					1998	Pavel Kysilka	C, D, E, F, G	January 6, 1999
					2018	Jiří Rusnok	H	5th September 2018
500 crowns	Božena Němcová	Head of a girl; Wreath of flowers and thorns	Dark brown	152 × 69 mm	1993	Josef Tošovský	A.	July 21, 1993	January 31, 2007	De la Rue
					1995		B.	December 27, 1995		Státní tiskárna cenin
					1997		C, D	March 18, 1998
					2009	Zdeněk Tůma	E, F, G	April 1, 2009
1000 crowns	František Palacký	Eagle; Kroměříž Castle	purple	158 × 74 mm	1993	Josef Tošovský	A, B	May 12, 1993	June 30, 2001	Státní tiskárna cenin
					1996		C, D, E, F	December 6, 1996
					2008	Zdeněk Tůma	G, H, I, J	April 1, 2008
2000 crowns	Emmy Destinn	Head of a muse; Violin and violoncello	Dark green	164 × 74 mm	1996	Josef Tošovský	A.	October 1, 1996		Státní tiskárna cenin
					1999		B.	December 1, 1999
					2007	Zdeněk Tůma	C, D, E, F	July 2, 2007
5000 crowns	Tomáš Garrigue Masaryk	Historical buildings Prague s	Dark blue	170 × 74 mm	1993	Josef Tošovský	A.	December 15, 1993	June 30, 2001	Státní tiskárna cenin
					1999		B.	September 8, 1999
					2009	Zdeněk Tůma	C.	December 1, 2009

Common banknotes in the Czech Republic

Face value	front	back	Motif front	Motif back	format	colour	First edition
100 crowns			Charles IV	Seal of Charles University in Prague	140 × 69 mm	Green, pink	1995
200 crowns			Johann Amos Comenius	Orbis sensualium pictus textbook; an adult's hand touches a child's	146 × 69 mm	Brown, orange	1996
500 crowns			Božena Němcová	Woman with laurel wreath	152 × 69 mm	Brown, pink	1995
1000 crowns			František Palacký	Adler in front of Kroměříž Castle , where the constituent Reichstag wanted to transform the Austrian Empire into a federal state in 1848	158 × 74 mm	violet	1996
2000 crowns			Emmy Destinn	Euterpe	164 × 74 mm	green	1996
5000 crowns			Tomáš Garrigue Masaryk	Gothic and baroque buildings in Prague , in the middle is St. Vitus Cathedral	170 × 74 mm	Dark blue, purple	1999

Banknotes withdrawn from circulation

Face value	front	back	Motif front	Motif back	format	colour	End of validity
20 crowns			Přemysl Otakar I.	Crown, Sicilian Golden Bull	128 × 64 mm	blue	August 31, 2008
50 crowns			Saint Agnes of Bohemia	A surrounded by the vault in the Salvatorkirche of the Agneskloster	134 × 64 mm	red	March 31, 2011

Euro introduction

By joining the European Union , the Czech Republic made the commitment to adopt the euro. However, this obligation is not tied to any time frame. The Czech Republic is currently not a member of the "Euro waiting area" ERM II . One of the requirements for joining the euro is a two-year membership in ERM II.

After joining the EU in 2004, the Czech Republic originally wanted to introduce the euro in 2010. As early as 2008, however, the country was rather cautious about the imminent introduction of the euro, mainly for political reasons. Due to strong currency fluctuations of the krona against the euro and the introduction of the euro in Slovakia in 2009, the pressure from business on the government to aim for a specific date for accession increased. In 2013, the Czech Republic's entry into the euro area was scheduled for 2019 at the earliest, but the government did not seek any concrete steps in this direction. In 2014, President Miloš Zeman declared that he believed the introduction of the euro in the Czech Republic to be possible by 2017.

In 2018, the government announced that it would postpone joining the eurozone indefinitely, even though the Czech Republic met all the criteria relating to price and interest rate stability and public finances. Prime Minister Andrej Babiš rejects an early introduction of the euro. A clear majority of the population still speaks out against the common currency.

Web links

Commons : Czech crown  - collection of images

• Complete catalog of the Czech crown; all banknotes with pictures and much more information
• European Central Bank exchange rates EUR / CZK
• Czech National Bank exchange rates
• Czech National Bank Information on Czech banknotes
• Czech National Bank Information on Czech coins
• The banknotes of the Czech Republic (including Czechoslovakia) ( German ) ( English )

Individual evidence

1. ↑ Florian Schön: Coin Catalog Czech Republic and Czechoslovakia , 2015, p. 10 ff.
2. ↑ ČNB. (No longer available online.) Formerly in the original ; Retrieved September 6, 2018 (Czech).  ( Page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.    
3. ↑ ČNB. Retrieved February 4, 2019 (Czech). 
4. ↑ ČNB. Retrieved February 4, 2019 (Czech). 
5. ↑ Zdeněk Tůma: VYHLÁŠKA ze dne 2. května 2008 o ukončení platnosti bankovek po 20 Kč vzoru 1994 a vzoru 1996. (PDF) Retrieved on June 13, 2018 (cz). 
6. ↑ Miroslav Singer: VYHLÁŠKA ze dne 20. ledna 2011 o ukončení platnosti bankovek po 50 Kč vzoru 1994 a vzoru 1997. (PDF) Retrieved on June 13, 2018 (cz). 
7. ↑ Česká Národní Banka: Ukončení platnosti a výměna bankovek vzoru 1993. Retrieved on June 13, 2018 (cz). 
8. ↑ ČNB. Retrieved June 13, 2018 (Czech). 
9. ↑ ČNB. Retrieved June 13, 2018 (Czech). 
10. ↑ ČNB. Retrieved June 13, 2018 (Czech). 
11. ↑ ČNB. Retrieved June 13, 2018 (Czech). 
12. ↑ Czech Republic: Euro introduction not before 2019
13. ↑ Miloš Zeman considers the introduction of the euro in the Czech Republic to be possible by 2017. Retrieved on June 14, 2014
14. ↑ Still no recommendation for the introduction of the euro , Radio Praha International on December 12, 2018