Czech Koruna
Czechia is one of seven EU member states that don’t use the euro. Its currency is the Czech koruna (CZK).
The country’s balance of trade is generally near flat. Its major exports are cars and car parts. It’s a small economy. Of the countries whose currencies we offer, Czechia’s GDP1 is larger than just Hungary’s and New Zealand’s.
Czechia has the fourth-oldest population out of the countries whose currencies we offer.
About Czechia
GDP1
$290
Billion
USD
Major Exports2
Cars
Car Parts
Computers
Major Export Partners2
Germany
Slovakia
Poland
Budget Deficit3
-3.6%
Trade Flows4
-113
Billion
CZK
Pros and Cons of the Czech Koruna
- Supported by a stable, EU-integrated economy5
- Independent monetary policy6
- Not heavily debt-burdened7
- Highly sensitive to EU economic conditions8
- Limited global liquidity9
- Emerging Europe risk perception9
1. https://tradingeconomics.com/country-list/gdp-per-capita
2. https://tradingeconomics.com/country-list/exports;
3. https://tradingeconomics.com/country-list/government-budget?continent=world
4. https://tradingeconomics.com/country-list/balance-of-trade
5. https://www.oecd.org/economy/czech-republic-economic-snapshot/
6. https://www.cnb.cz/en/monetary-policy/
7. https://www.imf.org/en/Countries/CZE
8. https://tradingeconomics.com/czech-republic/exports-by-country
9. https://www.bis.org/statistics/rpfx22_fx.htm
How to Buy the Czech Koruna
Currency CD
Term
APY
3 Month
1.00%
6 Month
1.00%
9 Month
1.00%
12 Month
1.00%
Currency Deposit Account
$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
Balance
APY
All Balances
0.00%
Available Currencies
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Czech Koruna
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