Czechmatediary

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Czech crown breaks record with the US dollar / Ceska koruna masakruje americky dolar
March 22, 2008

Filed under: Czech news — Tanja @ 3:54 pm
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graph taken from www.exchange-rates.orgThe Czech crown has been reaching its all-time record-highs against the US dollar these past couple of months. The absolute highest point was reached on March 12th when 1 US dollar was equal to only 16.0 CZK.

When I came to the US in 1998 the American dollar was worth about 43 Czech crowns and I was scared to death to buy even a chewing gum: a 2-dollar chewing gum (about 80 crowns) was worth as much as a decent dinner for two (!) in a Czech restaurant. When I went to visit home on the other hand, being a poor student here in America I felt like a queen in Czech, buying whatever caught my eye. And now, I guess, it’s going to be my poor rich Czech relatives sending me packages and not the other way…. :(

CZ: Ceske korune se oproti americkemu dolaru v pozdejsi dobe dosti vede. Rekord dosahla 12. brezna, kdy byl dolar rovny pouze 16-ti korunam ceskym!! Kdyz jsem prisla do Statu v roce 1998, dolar stal v teto dobe kolem 43 korun. Cokoliv jsem si chtela tady v Americe koupit mi presly chute, jakmile jsem si cenu prepocitala na ceske koruny. Zdanlive nevinna zvykacka za $2 se stala obrovskou financi prekazkou, jakmile jsem zjistila jeji opravdou cenu: 80 korun!! Za tolik penez jsem si mohla koupit peknou veceri - ne - 2 vecere v jakekoliv ceske restauraci! Kdyz jsem ale na druhou stranu prijela na navstevu do Cech, tak se ze zdanlive chude studenty stala na par dni naprosta kralovna, nebo-li tzv. “bohata pribuzna z Ameriky” a kupovala jsem si, co jsem chtela. Ale casy se meni, a misto abych posilala balicky “na prilepsenou” do Cech, tak to ted asi bude naopak…

Source: http://www.exchange-rates.org/history/CZK/USD/G

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3 Comments for this post

 
MichaelM Says:

Going to Czech in May. Ow! Where are best places in Prague to beg?

 
Tanja Says:

I would recommend the metro stations. But you have to have something really cute with you like a puppy or something for it to work.

 
Czechs not ready for Euro / Cesi nejsou dostatecne pripraveni na Euro Says:

[...] came out with an A+ and will be ready to start using Euro as early as in January of 2009. The Czech crown is doing so well these days however that the Czechs are in no rush to begin using the “fancy” Euro [...]

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