Glossary: koruna (pl., koruny)

DEFINITION:
National currency consisting of 100 halers (halere--Cz.; haliere--Sl.). Symbol is Kcs. In 1987 the official, or commercial, exchange rate was Kcs5.4 per US$1; the tourist, or noncommercial, rate was Kcs10.5 per US$1. The value of US$1 on the black market was at least twice the tourist rate of exchange.

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