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The vouchers could not be re-exchanged for foreign currency and were valid for a limited time. (The state would convert unused vouchers back to normal currency at a rate of 2 crowns per Tuzex crown, a fraction of their effective purchasing power.) [2] The first shop was established in Prague on Rytířská street, and the next in Bratislava. [3]
The koruna, or crown ( sign: Kč; code: CZK, Czech: koruna česká ), has been the currency of the Czech Republic since 1993. The koruna is one of the European Union 's eight currencies, and the Czech Republic is legally bound to adopt the euro in the future. The official name in Czech is koruna česká (plural koruny české, though the zero ...
As of 2023, the Czech GDP per capita at purchasing power parity is $50,961 and 698,706 Czech crowns ($31,368) at nominal value. [5] As of September 2021, [update] the unemployment rate in the Czech Republic was the lowest in the EU at 2.6%, [ 35 ] and the poverty rate is the second lowest of OECD members, following Denmark . [ 36 ]
The Czech power utility CEZ said on Thursday its net profit in the first three quarters of the year reached 29.8 billion Czech crowns ($1.3 billion), 22.5 billion less than in the same period a ...
The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word peso translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", was originally used as an abbreviation of "pesos" and later adopted by the ...
The Czech power utility CEZ said on Thursday its net profit in the first half of 2023 reached 22.3 billion Czech crowns ($1 billion), down from 33.6 billion in the same period a year ago. The ...
The Czech power company CEZ said Tuesday its net profit in the first quarter of the year reached 13.6 billion Czech crowns ($592 million), 2.7 billion up compared with the same period of the ...
The Czechoslovak koruna (in Czech and Slovak: koruna československá, at times koruna česko-slovenská; koruna means crown) was the currency of Czechoslovakia from 10 April 1919 to 14 March 1939, and from 1 November 1945 to 7 February 1993. For a brief time in 1939 and again in 1993, it was also the currency of both the separate Czech ...