CADCZK (Canadian Dollar vs Czech Koruna). Exchange rate and online charts.
Currency converter
18 Mar 2025 20:02
(0%)
Closing price, the previous day.
Opening price.
The highest price over the last trading day.
The lowest price over the last trading day
Price range high in the last week
Price range low in the last week
CAD/CZK is one of the most popular currency pairs among traders. The US dollar has a significant impact on this pair. We can see this by combining the charts of CAD/USD and USD/CZK. As a result, the approximate chart of CAD/CZK will be shown.
Features of CAD/CZK
Canada is one of the leading global exporters of oil. Therefore, its national currency is affected by world oil prices. As a result, the Canadian dollar strengthens when the value of the commodity rises and weakens when oil falls. For this reason, the CAD/CZK pair is vulnerable to oil prices.
The Czech Republic is one of the most industrialized countries in Central Europe. Its economy is characterized by prosperity and sustainability. The population of the Czech Republic has a consistently high level of personal income. This could be explained by well-balanced economic development.
The main sectors of the country's economy are car manufacturing, iron and steel production, and agriculture. The Czech Republic is one of the world's leading car manufacturers. In addition, it is the main exporter of beer and shoes.
How to trade CAD/CZK
If you want to start trading cross-currency pairs, please be aware that the spread in such trades is often higher than for the main currency pairs. Before you start trading, read the trading conditions for each type of financial instrument carefully.
As mentioned above, the US dollar has a strong influence on each of the currencies of the CAD/CZK pair. Therefore, in order to make the most accurate forecast about the movement of this trading instrument, it is necessary to take into account such indicators of the US economy as interest rate changes, GDP, unemployment rate, new job creation, and so on. Notably, the Canadian dollar and the Czech Koruna react to any changes in the US economy. This is why the movement of the CAD/CZK pair is a specific indicator of the exchange rate fluctuations.
See Also
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- Fundamental analysis
No Major Surprises Expected from the Fed Meeting (Anticipating a Sharp Drop in EUR/USD and Continued Cautious Gold Price Growth)
Markets are experiencing turmoil due to the risk of a U.S. economic recession. Although Treasury Secretary Bessent attempts to reassure investors by calling the market "correction" a healthy processAuthor: Pati Gani
09:48 2025-03-18 UTC+2
1198
- Bulls have been attacking for two weeks, but it's time for a pause.
Author: Samir Klishi
11:30 2025-03-18 UTC+2
1018
- Fundamental analysis
Positive Data from China and Rising Risk Appetite Support a Bullish Outlook for the Kiwi – NZD/USD Analysis
Positive Data from China and Rising Risk Appetite Support a Bullish Outlook for the Kiwi – NZD/USD AnalysisAuthor: Kuvat Raharjo
11:36 2025-03-18 UTC+2
988
- US stock market: two days of gains from support levels
Author: Jozef Kovach
12:18 2025-03-18 UTC+2
943
- Technical analysis
Technical Analysis of Intraday Price Movement of Gold Commodity Instrument, Tuesday March 18, 2025.
In the 4-hour chart of the Gold commodity instrument, Convergence is visible, whichAuthor: Arief Makmur
09:17 2025-03-18 UTC+2
883
- February data shows that US retail sales are up 0.2%, while New York manufacturing activity contracts in March.
Author: Ekaterina Kiseleva
14:51 2025-03-18 UTC+2
868
- Stock market overview on March 18. The S&P 500 and Nasdaq extended gains for the second day.
Author: Jakub Novak
13:11 2025-03-18 UTC+2
853
- Technical analysis / Video analytics
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11:16 2025-03-18 UTC+2
823
- Bearish traders can do nothing—and they don't seem to want to.
Author: Samir Klishi
11:03 2025-03-18 UTC+2
718