Looking to make a Brazilian Reals to Czech Koruna money transfer? Compare the best travel money rates against the high street below. If you are looking to make an international money transfer , we recommend TorFx as our preferred currency provider. Free Transfers, No Fees! Request a quote today!
Economic Facts | American Friends of the Czech Republic
The Czech Republic has one of the most developed and industrialized economies in Central and Eastern Europe. Its strong industrial tradition dates to the 19th century, when Bohemia and Moravia were the industrial heartland of the Austro-Hungarian Empire. The Czech Republic has a well-educated population and a well-developed infrastructure. The principal industries are motor vehicles, machine-building, iron and steel production, metalworking, chemicals, electronics, transportation equipment, textiles, glass, brewing, china, ceramics, and pharmaceuticals. The main agricultural products are sugar beets, fodder roots, potatoes, wheat, and hops.
The koruna is one of European Union 's 11 currencies, and the Czech Republic is legally bound to adopt the euro currency in the future. The name " krone " was invented by the emperor, Franz Joseph I of Austria. After Austria-Hungary dissolved in , the only successor state that kept the name of the currency, the koruna, was Czechoslovakia.
The money transfer rate depends on a number of factors, including the amount you are transferring, the currencies you are sending to and from and the mid-market exchange rate when you book your transfer. Existing clients should log in to get a quote. Charges may occasionally be applied by a third party bank when transferring the funds to us or before the funds arrive in the recipient account. These rates are only available for personal international money transfers. If your business needs to make international payments, please visit our Business Transfers page or contact us.