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base info Dai

Dai to Czech Koruna Converter and calculator

Convert 1Dai (DAI) to Czech Koruna (CZK) equals Kč 23.8 | Bitget

CZK information

About the Czech Koruna (CZK)

What Is the Czech Koruna (CZK)?

The Czech Koruna, denoted as CZK and locally abbreviated as Kč, is the official currency of the Czech Republic. It was introduced on February 8, 1993, when the former Czechoslovakia split into two independent countries: the Czech Republic and Slovakia. This momentous event in the nation's history necessitated the creation of a new currency, leading to the birth of the CZK. The koruna replaced the Czechoslovak koruna, which had been in circulation since 1919, at par value. The Czech Koruna is the sole legal tender in the Czech Republic.

The Czech Koruna is issued and regulated by the Czech National Bank (Česká národní banka, CNB), the central banking authority of the Czech Republic. Established in 1993 after the split of Czechoslovakia, the CNB plays a pivotal role in the country's financial system, managing monetary policy, overseeing the banking sector, and maintaining financial stability.

What Is the History of CZK?

The Czech Koruna (CZK), established in 1993 following the peaceful dissolution of Czechoslovakia, symbolizes the Czech Republic's transition from a Soviet-influenced state to an independent nation. Originating from the Czechoslovak koruna, which had been in circulation since 1919 after the Austro-Hungarian Empire's collapse, the CZK was introduced at par with its predecessor amidst the country's shift to a market-driven economy. This change marked a significant step in integrating the Czech economy into the global financial system. Over the years, the koruna has undergone various modifications, including enhanced security features in banknotes, mirroring the nation's journey through substantial political and economic reforms and symbolizing its sovereignty and financial stability.

Notes and Coins of CZK

Czech banknotes are available in denominations of 100, 200, 500, 1,000, 2,000, and 5,000 CZK. The coins come in 1, 2, 5, 10, 20, and 50 CZK. Notably, the design of these banknotes is a testament to Czech art, featuring historic figures and symbolic imagery.

The initial Czech banknotes were modified Czechoslovakian notes, reflecting the country's transition. In 2018, the 100 and 200 CZK notes were upgraded with enhanced security features to prevent counterfeiting, including color-changing strips and anti-copy patterns.

What Is the Relationship Between CZK and EUR?

The Czech Koruna (CZK) and the Euro (EUR) share a complex yet integral relationship, primarily influenced by the Czech Republic's membership in the European Union (EU) since 2004. Despite being an EU member, the Czech Republic has retained the Koruna as its official currency, opting not to adopt the Euro. This decision allows the Czech government to maintain independent control over its monetary policy. However, the country's economy is deeply intertwined with the Eurozone, making the exchange rate between the Koruna and the Euro particularly significant. Fluctuations in this rate directly impact trade, investment, and economic stability, given the substantial volume of transactions between the Czech Republic and Eurozone countries.

Is CZK a Strong Currency?

Czech Koruna's strength can be considered moderate, reflecting the Czech Republic's stable but modestly sized economy. While it doesn't match the strength of major world currencies like the US Dollar or Euro, the Koruna benefits from the Czech Republic's sound economic policies, low inflation, and steady growth. Its value against major currencies, a critical indicator of strength, has shown resilience, albeit with fluctuations influenced by global economic trends and regional developments. The Czech economy, characterized by a robust industrial sector and increasing integration with the European Union, lends a degree of stability to the Koruna. However, like all currencies, its strength is subject to change due to various external factors, including global market dynamics and geopolitical events.

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Bitget crypto-to-fiat exchange data shows that the most popular Dai currency pair is the DAI to CZK, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CZK.

DAI to CZK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Dai has changed +0.01% to CZK. Based on the trend and price charts, Dai(DAI) has changed +0.01% to CZK while Czech Koruna(CZK) has changed % to DAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Kč23.79
0.0001% / 0.0004%vip-iconVIP
Kraken
Kč23.79
0.1000% / 0.1000%
Yes
OKX
Kč23.79
0.080% / 0.100%
Yes
Huobi
Kč23.78
0.1000% / 0.1000%
Yes
Gate.io
Kč23.71
0.1000% / 0.1000%
Yes
Bybit
Kč23.78
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 16:00:30(UTC+0)

What factors influence the conversion rate of Dai to Czech Koruna?

Dai to Czech Koruna is rising this week.
Dai's current market price is Kč 23.8 per DAI, with a total market cap of Kč 127,282,261,848.55 CZK based on a circulating supply of 5,347,888,600 DAI. The trading volume of Dai has changed by -6.21% (Kč -1,211,507,415.05 CZK) in the last 24 hours. Last trading day, DAI's trading volume was Kč 19,519,034,205.22.
Market cap
$5.35B
24h volume
$769.18M
Circulating supply
5.35B DAI

Conversion tables

The exchange rate of Dai is increasing.
1 DAI is currently valued at Kč 23.8 CZK , which means buying 5 DAI will cost Kč 119 CZK . Similarly, Kč1 CZK can be traded for 0.04202 DAI, and Kč50 CZK can be converted to 2.1 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Czech Koruna has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 23.83 CZK and a low of 23.79 CZK . One month ago, the value of 1 DAI was Kč 23.8 CZK , which represents a +0.01% change from its current value. Over the last year, Dai has changed by
+
0.008049CZK
, resulting in a change of +0.03% in its value.

DAI to CZK

Amount
16:41 today
0.5 DAI
11.9
1 DAI
23.8
5 DAI
119
10 DAI
238
50 DAI
1,190.02
100 DAI
2,380.05
500 DAI
11,900.23
1000 DAI
23,800.47

CZK to DAI

Amount16:41 today
0.5CZK0.02101  DAI
1CZK0.04202  DAI
5CZK0.2101  DAI
10CZK0.4202  DAI
50CZK2.1  DAI
100CZK4.2  DAI
500CZK21.01  DAI
1000CZK42.02  DAI
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Today vs. 24 hours ago

Amount16:41 today24 hours ago24h change
0.5 DAI$0.5000$0.4999
+0.01%
1 DAI$1.0000$0.9999
+0.01%
5 DAI$5$5
+0.01%
10 DAI$10$10
+0.01%
50 DAI$50$49.99
+0.01%
100 DAI$100$99.99
+0.01%
500 DAI$499.98$499.93
+0.01%
1000 DAI$999.96$999.87
+0.01%

Today vs. 1 month ago

Amount16:41 today1 month ago1M change
0.5 DAI$0.5000$0.5000
+0.01%
1 DAI$1.0000$0.9999
+0.01%
5 DAI$5$5
+0.01%
10 DAI$10$10
+0.01%
50 DAI$50$50
+0.01%
100 DAI$100$99.99
+0.01%
500 DAI$499.98$499.95
+0.01%
1000 DAI$999.96$999.9
+0.01%

Today vs. 1 year ago

Amount16:41 today1 year ago1Y change
0.5 DAI$0.5000$0.4998
+0.03%
1 DAI$1.0000$0.9996
+0.03%
5 DAI$5$5
+0.03%
10 DAI$10$10
+0.03%
50 DAI$50$49.98
+0.03%
100 DAI$100$99.96
+0.03%
500 DAI$499.98$499.81
+0.03%
1000 DAI$999.96$999.62
+0.03%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.