24.995 CZK
-0 (-0.10%)
1H
4H
1D
1W
1MN

EURCZK Key Statistics

Open price
25.0203
High today
25.0517
Low today
24.9904
52 Week high
25.532
52 Week low
24.4377
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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7.104 
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7.774 
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20.2 
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About EURCZK

EURCZK is an exotic-cross currency pair consisting of the euro (EUR) and the Czech koruna (CZK). Both currencies attract traders for their volatility. With significant economic news, EURCZK can bring abundantly high returns for traders. The EURCZK pair shows how many CZK are needed to buy one EUR, quoted as 1 EUR per X CZK.

What is Euro vs. Czech Crown (EURCZK)?

The EURCZK represents the exchange rate between the currency of European countries, i.e., the EURO and the currency of the Czech Crown, i.e., CZK. It shows the number of CZK traders or investors who must buy one EURO. For instance, if the EURCZK exchange rate is 23.24, you'll need 23.24 CZKs to get one EURO.

Knowing about the exchange rate is extremely important because of its crucial role in trade between the countries, investment, travel affordability between the countries, and monetary policy to control inflation and maintain economic stability. Investors who want to know how to trade EURCZK should pay attention to that.

How does EURCZK work?

It works through trading in the forex market on online platforms like SimpleFX. It provides solutions such as a demo account, which enables traders eager to learn how to invest in EURCZK start without risking their real assets.

The EURCZK is an exotic currency pair which means that it involves a major currency, i.e., EUR, and a currency from a developing country, i.e., CZK. Generally, such pairs have lower trading volume, more volatility, and are risky for traders. Still, the pair provides for traders who are experts at dealing with exotic pairs.

Since the EURCZK pair is not traded as a major currency pair, it has a slightly weak correlation with other currencies. The EURCZK exchange rate is never constant. It keeps on fluctuating. One day, it'll reach record-breaking heights; on the other, it can go down to its historically lowest value. These changes depend on the factors such as political events, monetary policy, economic data releases, market sentiment, and global economic conditions.

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