Glossary Term

CZK

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CZK is the currency abbreviation for the Czech Republic’s official currency, the Czech koruna. The currency has been in official use since 1993 and even though the Czech Republic entered the EU in 2004, the country has not yet adopted the euro as its official currency. Even though general sentiment suggests that the country will eventually migrate to the euro, events like the recent European debt crisis are the main reasons behind the apprehension.

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