Array
(
    [charts_country] => czech-republic
    [error] => 
    [m] => 
    [p] => 0
    [post_parent] => 
    [subpost] => 
    [subpost_id] => 
    [attachment] => 
    [attachment_id] => 0
    [name] => 
    [static] => 
    [pagename] => 
    [page_id] => 0
    [second] => 
    [minute] => 
    [hour] => 
    [day] => 0
    [monthnum] => 0
    [year] => 0
    [w] => 0
    [category_name] => 
    [tag] => 
    [cat] => 
    [tag_id] => 
    [author] => 
    [author_name] => 
    [feed] => 
    [tb] => 
    [paged] => 0
    [meta_key] => 
    [meta_value] => 
    [preview] => 
    [s] => 
    [sentence] => 
    [title] => 
    [fields] => 
    [menu_order] => 
    [embed] => 
    [category__in] => Array
        (
        )

    [category__not_in] => Array
        (
        )

    [category__and] => Array
        (
        )

    [post__in] => Array
        (
        )

    [post__not_in] => Array
        (
        )

    [post_name__in] => Array
        (
        )

    [tag__in] => Array
        (
        )

    [tag__not_in] => Array
        (
        )

    [tag__and] => Array
        (
        )

    [tag_slug__in] => Array
        (
        )

    [tag_slug__and] => Array
        (
        )

    [post_parent__in] => Array
        (
        )

    [post_parent__not_in] => Array
        (
        )

    [author__in] => Array
        (
        )

    [author__not_in] => Array
        (
        )

    [meta_query] => Array
        (
            [chart_order_price] => Array
                (
                    [key] => _close
                    [compare] => EXISTS
                    [type] => DECIMAL
                )

        )

    [orderby] => Array
        (
            [chart_order_price] => DESC
        )

    [ignore_sticky_posts] => 
    [suppress_filters] => 
    [cache_results] => 
    [update_post_term_cache] => 1
    [lazy_load_term_meta] => 1
    [update_post_meta_cache] => 1
    [post_type] => 
    [posts_per_page] => 12
    [nopaging] => 
    [comments_per_page] => 50
    [no_found_rows] => 
    [taxonomy] => charts_country
    [term] => czech-republic
    [order] => DESC
    [tax_query] => Array
        (
            [0] => Array
                (
                    [taxonomy] => charts_country
                    [field] => term_id
                    [terms] => 1451
                )

        )

)

Czech Republic Charts

The Czech Republic, formerly Czechoslovakia, is responsible for a highly diverse and secure economy. The Czech economy is ranked 50th in the world by nominal gross domestic product and boasts the second lowest poverty rate within the European Union (EU), after Denmark. The Republic’s diverse economy is a mix of a healthy industrial sector, mixed with services and some agriculture. Czech’s best import and export relationships are with that of the EU and nearby Germany. This article will cover the financial system of the Republic of Czech, as well as a range of market information covering currencyfutures, and stocks.

Headquartered in Prague and regulated by the EU, Czech financial infrastructure is based around its central bank, the Czech National Bank (CNB). In accordance with its primary objective, the CNB also sets monetary policy that governs the republic’s economy. It also issues banknotes and coins, and manages and oversees the circulation of currency, the payment system and settlement between banks. The central bank also performs supervision of the banking sector, capital market, insurance industry, pension funds, credit unions, electronic money institutions and bureau de change.

show more

Czech Stock Exchange

The Czech Republic trades stocks through the privately owned, Prague Stock Exchange (PSE). This exchange was founded in the late 1800’s but was closed down for 50 years as an effect of World War II. The Prague Stock Exchange was reopened in the 1990’s and has operated steadily, if modestly, since that time. 

Prague is the financial hub of this European nation for all major financial market access within the Czech Republic. While their stock exchange is traded alongside The Vienna Exchange, giving more to its validity, the Czech Republic cannot say the same for its share in the foreign exchange market.  Both markets are regulated by the CEE Stock Exchange Group (CEESEG), which is simple a holding company comprised of the two exchanges. This holding company does not interfere with the daily logistics of its subsidiaries, but it does lead the pair while maintaining responsibility for the administration of the equity interests. The highest valued stocks traded on the PSE are in the financial sector, services, and some industrial companies. There are also many international companies such as Shell and Heineken, which are also traded on the exchange.

Czech Republic’s Forex Currency (CZK)

The Czech Koruna is one of the least traded pairs on the foreign exchange market. The most popular crosses of this pair are the EUR/CZK and USD/CZK, but other more exotic crosses can be a favorite for niche market traders.

The Czech Koruna (Koruna)

Previously, the Czech Republic was under the rule of the Austro-Hungarian Empire. At this point in history, the krone had just replaced the gulden, where a single gulden equaled two kronen. Therefore, the 10-koruna coin is nicknamed “the five” by Czech natives. The name “krone” was first invented by the emperor at the time, Franz Joseph I of Austria. After Austria-Hungary was dissolved in 1918, the only surviving state that kept the name of the currency, the koruna, was Czechoslovakia (now the Czech Republic and Slovakia). Leading up to the second World War, Czechoslovakia’s koruna was experiencing extreme hardships. During the war, the koruna was purposefully weakened as an economic tool of war. Despite being restored to its previous status, the koruna experienced a highly controversial monetary reform to maintain its status. In the late 1920’s, the Czechoslovak koruna was the hardest hit currency in Europe. During World War II, the currency on the occupied Czech territory was artificially weakened and was restored after the war. It then underwent a highly controversial monetary reform in 1953.

The Czech koruna (Kč or CZK) replaced the Czechoslovak koruna when it was introduced in 1993, as Czechoslovakia was dissolved into two separate states. When the currency was first issued, its banknotes were printed in 20, 50, 100, 500, and 1000 Czechoslovak koruna banknotes, however the CNB issued an additional series shortly thereafter. The koruna has been the currency of the Czech Republic since this initial issuance. In English, it is nicknamed a Czech Crown. Although the Czech Republic is bound to adopt the euro currency in the near future, currently it is one of the European Union’s 10 circulated currencies. 

Czech Republic Stocks

Although not the most popular European financial exchange, Prague and the Czech Republic do hold a firm third place following London, and Berlin. There is quite a bit of domestic capital flowing through Prague in addition to a healthy amount of international investments. Many of the international companies traded on the Prague exchange are headquartered nearby, with German, Swedish, and Austrian companies topping the lists. The Czech Republic and its financial markets are a safe investment choice for investors, and unless they Czech exit (Czech-xit) the EU, it will remain stable for some time. 

1 charts listed
Czech Republic