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VeChain to Czech Koruna Converter and calculator

Convert 1VeChain (VET) to Czech Koruna (CZK) equals Kč 0.9822 | 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 VeChain currency pair is the VET to CZK, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CZK.

VET to CZK conversion rate trend

1D7D1M3M1YAll
In the past 1D, VeChain has changed -14.96% to CZK. Based on the trend and price charts, VeChain(VET) has changed -14.96% to CZK while Czech Koruna(CZK) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Kč0.9822
0.0001% / 0.0004%vip-iconVIP
Binance
Kč0.9471
0.1000% / 0.1000%
Yes
Huobi
Kč0.9477
0.1000% / 0.1000%
Yes
Gate.io
Kč0.9497
0.1000% / 0.1000%
Yes
KuCoin
Kč0.9473
0.1000% / 0.1000%
Yes
Bitfinex
Kč0.9538
0.1000% / 0.1000%
Yes
Last updated 2024/04/13 02:00:35(UTC+0)

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

VeChain to Czech Koruna is rising this week.
VeChain's current market price is Kč 0.9822 per VET, with a total market cap of Kč 71,419,592,259.82 CZK based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by -0.46% (Kč -25,063,677.98 CZK) in the last 24 hours. Last trading day, VET's trading volume was Kč 5,471,224,183.36.
Market cap
$3.00B
24h volume
$228.82M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at Kč 0.9822 CZK , which means buying 5 VET will cost Kč 4.91 CZK . Similarly, Kč1 CZK can be traded for 1.02 VET, and Kč50 CZK can be converted to 50.91 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Czech Koruna has changed by +2.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -14.96%, reaching a high of 1.2 CZK and a low of 0.9485 CZK . One month ago, the value of 1 VET was Kč 1.16 CZK , which represents a -15.59% change from its current value. Over the last year, VeChain has changed by
+
0.3694CZK
, resulting in a change of +60.08% in its value.

VET to CZK

Amount
02:46 am today
0.5 VET
0.4911
1 VET
0.9822
5 VET
4.91
10 VET
9.82
50 VET
49.11
100 VET
98.22
500 VET
491.1
1000 VET
982.19

CZK to VET

Amount02:46 am today
0.5CZK0.5091  VET
1CZK1.02  VET
5CZK5.09  VET
10CZK10.18  VET
50CZK50.91  VET
100CZK101.81  VET
500CZK509.07  VET
1000CZK1,018.13  VET
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Today vs. 24 hours ago

Amount02:46 am today24 hours ago24h change
0.5 VET$0.02063$0.02427
-14.96%
1 VET$0.04127$0.04854
-14.96%
5 VET$0.2063$0.2427
-14.96%
10 VET$0.4127$0.4854
-14.96%
50 VET$2.06$2.43
-14.96%
100 VET$4.13$4.85
-14.96%
500 VET$20.63$24.27
-14.96%
1000 VET$41.27$48.54
-14.96%

Today vs. 1 month ago

Amount02:46 am today1 month ago1M change
0.5 VET$0.02063$0.02445
-15.59%
1 VET$0.04127$0.04890
-15.59%
5 VET$0.2063$0.2445
-15.59%
10 VET$0.4127$0.4890
-15.59%
50 VET$2.06$2.45
-15.59%
100 VET$4.13$4.89
-15.59%
500 VET$20.63$24.45
-15.59%
1000 VET$41.27$48.9
-15.59%

Today vs. 1 year ago

Amount02:46 am today1 year ago1Y change
0.5 VET$0.02063$0.01287
+60.08%
1 VET$0.04127$0.02575
+60.08%
5 VET$0.2063$0.1287
+60.08%
10 VET$0.4127$0.2575
+60.08%
50 VET$2.06$1.29
+60.08%
100 VET$4.13$2.57
+60.08%
500 VET$20.63$12.87
+60.08%
1000 VET$41.27$25.75
+60.08%

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.