Basic Country Data:
Country ISO Code: CZ
Official Language: Czech
Language ISO Code: cs
Current Official Currency: Czech koruna
Current Currency ISO Code: CZK
ISO Code: CZK
Designs / Symbols on Coins and Banknotes:
Coins feature the Czech national emblem, portraits of significant Czech personalities, and symbols of Czech history and culture.
Banknotes depict notable Czech historical figures and architectural landmarks.
Singular Name: koruna
Plural Name: koruny
Monetary Subdivision: 1 koruna = 100 haléřů
Subdivision Name Singular: haléř
Subdivision Name Plural: haléře
Initial Production Date: 1993 (after the establishment of the Czech Republic)
Final Production Date: ongoing
Initial Circulation Date: 1993
Final Circulation Date: currently in circulation
Mint: Czech Mint
Issuing Bank: Czech National Bank
Coin Denominations: 1, 2, 5, 10, 20, 50 korun
Banknote Denominations: 100, 200, 500, 1000, 2000, 5000 korun
Economic Historical Context:
The Czech koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna.
The currency has undergone stabilization and modernization, including the introduction of new banknotes and coins.
The Czech Republic is not a member of the Eurozone and continues to use the koruna as its national currency.
Mints / Production Locations:
Coins are produced by the Czech Mint in Jablonec nad Nisou and Kremnica (Slovakia).
Banknotes are printed by the Czech National Bank in cooperation with international printing houses.
Print Runs / Honorees / Signatures:
Banknotes and coins feature personalities such as Charles IV, Tomáš Garrigue Masaryk, Božena Němcová, among others.
Current Circulation Status: active and widely used in the Czech Republic
Issuing Authority: Czech National Bank
Relevant Monetary Legislation: Act on the Czech National Bank and Currency Circulation Act
Signatures on Banknotes: signatures of the Governor of the Czech National Bank and other responsible officials
Persons Honored on Coins and Banknotes: prominent historical and cultural figures of the Czech Republic
This report summarizes Czech as the official language of the Czech Republic and provides a complete financial history focusing on the Czech koruna as the current national currency, including details on coins, banknotes, production, historical context, and legislation.