Czech Republic is a nation state in Central Europe. Czech Republic is the highest growing economy in Europe and possesses the status of a developed high-income economy. Currency of Czech Republic is Czech Koruna (CZK).
In year 2015, Czech Republic received foreign remittances worth $ 2.69 billion. There are multiple options to send remittances to Czech Republic. You can easily compare them with respect to exchange rate, remittance fee and transfer time at EchangeRateIQ.
EchangeRateIQ is a unified search and compare platform for international money transfer. You can check mid-market rate, reviews and offers of various money transfer services quickly to make an informed decision and get the best value to send money to Czech Republic. It will help you save time, energy and money.
Current Exchange Rate(Mid Market) :- 20.6391 CZK/USD
is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
- Selling exchange rate - at which sellers are willing to sell a particular currency and
- Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.