Czech koruna appears undervalued against the dollar, Big Mac index shows

The Big Mac index, an informal purchasing‑power‑parity gauge, indicates that the Czech koruna is priced lower than its equilibrium value relative to the United States dollar, suggesting an undervaluation.

The Czech National Bank’s exchange‑rate list for 5 August 2026 records the koruna at 21.0170 per US dollar, alongside rates for other major currencies.