# Czech koruna

> currency of the Czech Republic

**Wikidata**: [Q131016](https://www.wikidata.org/wiki/Q131016)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Czech_koruna)  
**Source**: https://4ort.xyz/entity/czech-koruna

## Summary
The Czech koruna (CZK) is the official currency of the Czech Republic, introduced on February 8, 1993, following the dissolution of Czechoslovakia. It is managed by the Czech National Bank and is not part of the Eurozone. The koruna is divided into 100 haléřů (haler) and is denoted by the symbol Kč.

## Key Facts
- **Currency Code**: ISO 4217 code CZK (numeric code 203).
- **Symbol**: Kč (for koruna) and hal. (for haléř).
- **Issuing Authority**: Czech National Bank (since 1993).
- **Subunit**: 100 haléřů (haler) per koruna.
- **Inception**: February 8, 1993 (replacing the Czechoslovak koruna).
- **Country**: Czech Republic.
- **Not Part of Eurozone**: The Czech Republic has not adopted the euro.
- **Banknotes**: Denominations include 10, 20, 50, 100, 200, and 500 CZK.
- **Coins**: Denominations include 1, 2, 5, 10, 20, and 50 haléřů, and 1, 2, 5, 10, 20, and 50 CZK.
- **Wikipedia Coverage**: Available in 72 language editions.
- **Aliases**: CZK, Czech koruna, koruna, Kč.
- **Related Currency**: Succeeded the Czechoslovak koruna (CSK).
- **Instance Of**: Currency, medium of exchange.
- **Country Code**: CZ (ISO 3166-1 alpha-2), CZE (alpha-3), 203 (numeric).

## FAQs
**What is the Czech koruna, and when was it introduced?**
The Czech koruna (CZK) is the official currency of the Czech Republic, introduced on February 8, 1993, following the dissolution of Czechoslovakia. It replaced the Czechoslovak koruna (CSK) and is managed by the Czech National Bank.

**How is the Czech koruna divided, and what is its symbol?**
The koruna is divided into 100 haléřů (haler), and its symbol is Kč. The subunit is denoted as hal., though haléřů is also used in some contexts.

**Is the Czech Republic part of the Eurozone?**
No, the Czech Republic has not adopted the euro and continues to use the Czech koruna (CZK) as its official currency.

**What denominations of banknotes and coins are in circulation?**
Banknotes include 10, 20, 50, 100, 200, and 500 CZK. Coins include 1, 2, 5, 10, 20, and 50 haléřů, as well as 1, 2, 5, 10, 20, and 50 CZK.

**How is the Czech koruna documented globally?**
The Czech koruna is documented in 72 Wikipedia language editions and is recognized by the ISO 4217 standard with the code CZK (numeric code 203).

## Why It Matters
The Czech koruna plays a crucial role in the economic and financial landscape of the Czech Republic, serving as the primary medium of exchange for goods and services. Its introduction in 1993 marked the end of Czechoslovakia's unified economic system and the beginning of independent monetary policy for the Czech Republic. The koruna is managed by the Czech National Bank, which oversees its issuance and maintains price stability. As a non-Eurozone currency, the koruna reflects the Czech Republic's distinct economic identity and its commitment to maintaining an independent monetary policy. The currency's stability and widespread acceptance contribute to the country's economic growth and development, supporting trade, investment, and financial transactions within and beyond the region.

## Notable For
- **ISO Standardization**: Recognized by the ISO 4217 standard with the code CZK (numeric code 203).
- **Banknote Designs**: Features notable Czech landmarks and historical figures, such as Prague Castle and Jan Hus.
- **Coin Designs**: Includes modern and historical motifs, reflecting Czech cultural heritage.
- **Digital Representation**: Represented by the Unicode character Kč (U+2006 Kč).
- **Global Documentation**: Documented in 72 Wikipedia language editions, highlighting its international relevance.
- **Economic Stability**: Maintained by the Czech National Bank, ensuring price stability and economic resilience.
- **Non-Eurozone Status**: Reflects the Czech Republic's commitment to maintaining an independent monetary policy.

## Body

### Introduction and Historical Context
The Czech koruna (CZK) is the official currency of the Czech Republic, introduced on February 8, 1993, following the peaceful dissolution of Czechoslovakia. It succeeded the Czechoslovak koruna (CSK) and is managed by the Czech National Bank. The koruna is divided into 100 haléřů (haler), with the subunit denoted as hal. or haléřů. The currency is not part of the Eurozone and is recognized by the ISO 4217 standard with the code CZK (numeric code 203).

### Key Characteristics
- **ISO Codes**: The koruna has the ISO 4217 code CZK and numeric code 203, reflecting its status as a modern currency.
- **Symbol**: Denoted by Kč, with the subunit symbol hal. or haléřů.
- **Issuing Authority**: Managed by the Czech National Bank since 1993, ensuring monetary stability and economic resilience.
- **Subunit**: 100 haléřů (haler) per koruna, with the subunit symbol hal. or haléřů.

### Jurisdiction and Political Changes
The koruna is used exclusively within the Czech Republic, which became an independent sovereign state on January 1, 1993. The currency's introduction marked the end of Czechoslovakia's unified economic system and the beginning of independent monetary policy for the Czech Republic.

### Economic Role and Stability
The Czech koruna plays a crucial role in the economic and financial landscape of the Czech Republic, serving as the primary medium of exchange for goods and services. The Czech National Bank oversees its issuance and maintains price stability, ensuring economic resilience and growth. The koruna's stability and widespread acceptance contribute to the country's economic development, supporting trade, investment, and financial transactions within and beyond the region.

### Banknotes and Coins
The koruna is available in various denominations of banknotes and coins, reflecting its role as a modern currency. Banknotes include 10, 20, 50, 100, 200, and 500 CZK, while coins include 1, 2, 5, 10, 20, and 50 haléřů, as well as 1, 2, 5, 10, 20, and 50 CZK. The designs of the banknotes and coins feature notable Czech landmarks and historical figures, such as Prague Castle and Jan Hus, reflecting the country's rich cultural heritage.

### Global Documentation and Cultural Impact
The Czech koruna is documented in 72 Wikipedia language editions, underscoring its historical significance and international relevance. Its legacy is preserved in various cultural and economic contexts, reflecting the Czech Republic's distinct economic identity and commitment to maintaining an independent monetary policy.

### Related Entities and Events
- **Czech National Bank**: The central bank responsible for the issuance and management of the Czech koruna.
- **Dissolution of Czechoslovakia (1993)**: The political event that necessitated the introduction of the Czech koruna, reflecting broader geopolitical shifts in Europe.
- **ISO 4217 Standard**: The international standard that recognizes the Czech koruna with the code CZK (numeric code 203).

### Technical Specifications
- **Unit Symbol**: Kč, with the subunit symbol hal. or haléřů.
- **Banknotes and Coins**: Denominations include 10, 20, 50, 100, 200, and 500 CZK, as well as 1, 2, 5, 10, 20, and 50 haléřů.
- **Designs**: Feature notable Czech landmarks and historical figures, reflecting the country's rich cultural heritage.

### Academic and Cultural References
The koruna is referenced in historical encyclopedias and economic studies, including specialized contexts like the Portable Antiquities Scheme, which catalogs historical artifacts. Its role in fictional universes, such as in economic systems of literature or gaming, further illustrates its cultural resonance as a symbol of economic identity.

## References

1. [Nařízení vlády k provedení zákona o oddělení měny. Sbírka zákonů](http://ftp.aspi.cz/opispdf/1993/018-1993.pdf)
2. Freebase Data Dumps. 2013
3. [Source](http://data.europa.eu/eli/C/2025/1160/oj)
4. FactGrid
5. GF WordNet