USD/CZK: US Dollar against the Czech Koruna

• USD
• CZK

What USDCZK is

USDCZK, also written USD/CZK, is the price of one US dollar in Czech koruna. The US dollar is the base currency, the currency you buy or sell. The koruna (CZK) is the quote currency, the currency the price is shown in.

• When the quote rises, the dollar is getting stronger against the koruna.
• When it falls, the koruna is getting stronger against the dollar.

USDCZK is an exotic pair. That means a major currency paired with the currency of a smaller economy. Exotic pairs usually trade in lower volumes than majors like EUR/USD, which affects spreads, swaps and gaps. See majors, minors and exotics for how the groups differ.

How to read the quote

A broker shows two prices:

• Bid is the price at which you can sell the base currency (USD).
• Ask is the price at which you can buy it.

The gap between them is the spread. On exotic pairs the spread is often wider than on majors, and it can widen further during thin trading or news.

USDCZK is closely tied to EUR/CZK and EUR/USD. The koruna trades mainly against the euro. In practice, the dollar–koruna rate behaves roughly like EUR/CZK divided by EUR/USD. A move in EUR/USD can therefore move USDCZK even when nothing changes in Czechia. See EUR/CZK explained and pair correlations.

Pip size and pip value

A pip is the standard unit of price change for a pair. The pip size for USDCZK is set in the instrument's contract specification. Check it in the platform before you calculate anything.

Because the koruna is the quote currency, pip value is first worked out in CZK. Multiply the pip size by the number of units in your position. To get the value in a USD account, divide that CZK amount by the current USDCZK rate. Because the rate keeps moving, the USD value of one pip also changes slightly over time.

Use the calculator below to get the pip value for your lot size in both CZK and your account currency:

Margin and leverage

Margin is the amount your account sets aside to keep a leveraged position open. Leverage sets how large a position that margin can control.

Leverage cuts the margin you need. It does not reduce the size of the position or the loss a price move can cause. Leveraged forex and CFD trading can lose money fast, including the whole account balance.

Calculate the margin for a given lot size and leverage here:

At Exness, orders opened from 15 minutes before to 90 seconds after high-impact news are subject to higher margin requirements (HMR). For forex during HMR, the leverage given in the Help Center is 1:200 (0.5%). Whether unlimited leverage applies to USDCZK is not confirmed in our sources. The Help Center list of eligible instruments covers forex majors, minors and a few named pairs, so check the leverage shown for this pair in the platform.

What tends to move USD/CZK

People often search for a "usdczk forecast". This page does not give one. It describes the factors that commonly move the pair, so you can follow them yourself.

US dollar side

• Federal Reserve policy. Interest rate decisions and the "dot plot" both matter. The dot plot shows where Fed officials expect rates to go. A change in rate expectations often moves the dollar across all pairs.
• US jobs data (NFP). The monthly non-farm payrolls report can cause sharp moves and wider spreads around the release.
• US inflation (CPI). Inflation data shapes expectations for Fed policy.
• Treasury yields. Higher US yields relative to other countries tend to support the dollar. Falling yields tend to weigh on it.
• Global risk appetite. In periods of market stress, money often moves into the dollar. Smaller currencies such as the koruna can weaken in those periods.

Czech koruna side

• Czech National Bank (CNB) policy. CNB rate decisions and statements change the interest rate gap with the US. The CNB has used the exchange rate as a policy tool in the past, so its comments on the koruna are watched closely.
• The euro-area industrial cycle. Czechia's economy depends heavily on manufacturing exports to the euro area, especially Germany. Weak or strong industrial data there often feeds into the koruna.
• Czech inflation and growth data. These shape expectations for the CNB's next steps.

For general methods, see fundamental analysis and technical analysis.

Liquidity by session and spread behaviour

• European session. This is when Czech and euro-area markets are open and koruna liquidity is usually highest.
• European and US overlap. US data releases land in this window, and moves can be larger.
• Asian session and late US hours. Koruna liquidity is usually thin. Spreads on exotic pairs often widen.
• Weekends and holidays. Prices can gap, meaning they open away from the last close. Stop orders may then fill at a worse price than set.

USDCZK at Exness: what to check

Our sources do not confirm that USDCZK is listed at Exness, and we have no sourced contract specification for it. Before trading, open the instrument list in your platform and confirm the pair is there. Then read its specification:

• pip size and contract size
• minimum and maximum volume
• spread, and any commission on your account type
• swap rates (the overnight financing charge or credit) and the day a triple swap is charged
• leverage and margin requirements, including HMR
• trading hours

For swaps: clients registered from Pakistan are on the Exness list of Islamic countries that get swap-free status automatically (Algeria, Azerbaijan, Bahrain, Bangladesh, Brunei, Chad, Comoros, Côte d'Ivoire, Djibouti, Egypt, Indonesia, Iraq, Jordan, Kazakhstan, Kyrgyzstan, Kuwait, Lebanon, Libya, Maldives, Mauritania, Morocco, Niger, Oman, Pakistan, Qatar, Saudi Arabia, Senegal, Tajikistan, Tunisia, Turkiye, Turkmenistan, United Arab Emirates, Uzbekistan). Check in the platform how this applies to the pair on your account. Swap-free status can be lost based on trading activity. See swap fees and Islamic finance.

To compare costs across accounts, see account types.

Pakistan: legal position

Per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). Also per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947. Read law and regulators and regulation and safety before you decide anything.

Frequent questions

What does USDCZK mean?

It is the price of one US dollar in Czech koruna. A higher quote means a stronger dollar against the koruna.

Is USD/CZK a major pair?

No. It is an exotic pair. It usually has wider spreads and thinner liquidity than majors, especially outside European hours.

Do you publish a usdczk forecast?

No. We explain what tends to move the pair, such as Fed and CNB policy, US data, yields and euro-area industry, but we give no forecasts or trade ideas.

How do I find the pip value?

Use the pip calculator on this page. It shows the value for your lot size in CZK and in your account currency.

Can I trade USDCZK at Exness?

Check the instrument list and contract specification in your platform. We have no sourced confirmation of the listing or its conditions.

Can I practise first?

Yes. A demo account uses virtual funds of 10,000 USD (virtual) by default, so you can test orders without real money.