The Czech Crown (CZK) is the official currency of the Czech Republic. It was introduced in 1993, following the country's split from Slovakia, which led to the creation of the separate currency known as the Slovak Koruna. The Czech Crown is subdivided into 100 haléřů, although haléř coins are no longer in circulation. The currency is issued by the Czech National Bank and is recognized for its stability in the European market. The symbol for the Czech Crown is "Kč," and it is commonly used in everyday transactions throughout the country. The exchange rate fluctuates against other currencies, such as the Euro and the US Dollar.