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Foreign Exchange

Once you decide to trade securities on a stock exchange using a different currency than the one you have on your trading account, for settlement purposes Fio can exchange these funds for the required currency.

Now more favourable rates for larger amounts

  • Fio provides CZK, USD, EUR, PLN, HUF and GBP foreign exchange conversions.
  • By investing in a foreign currency, a client can earn returns on the appreciation of a foreign currency in addition to returns on securities investments.
  • The risk of a currency loss must be considered when investing in foreign stocks in different currencies and can be avoided by using a Fio currency loan.
  • The ability to convert the exact amount a client needs to make a securities purchase or received from a sale is key.

Principles of Foreign Exchange

When converting requested amount, a client is immediately provided with the requested currency and amount for trading while the original currency is deducted from the client's account.

1. LARGE AMOUNT EXCHANGE BETWEEN 9:00 AM AND 4:30 PM

Clients can take advantage of the current and often better foreign exchange rates between 9:00 AM and 4:30 PM offered on the basis of current developments on the foreign exchange markets at transaction amounts above US $10,000 (or an equivalent in another currency).

Main benefits:

  • More favourable rates

New exchange rates are always up to date and may be much better than previously offered foreign exchange buy and sell rates.

  • Speed and security

Clients will appreciate the speed of the transaction and the elimination of the risk of theft or counterfeit bills which have entered into the foreign exchange stream from another bank's branch, an exchange office or otherwise unlicensed foreign exchange trader.

2. SMALL AMOUNT CONVERSIONS, CONVERSIONS BETWEEN 16:30 PM AND 9:00 AM AND CONVERSIONS FOR SETTLING SECURITIES TRADES

If a client is interested in converting an exact amount to settle a trade, the order to buy the security is entered in the amount necessary to settle the trade. The conversion occurs when the securities are actually purchased and on the date the trade is settled (regularly 2 to 3 days after the order is settled depending on the rules for the given stock exchange). When selling securities, the client can enter the currency into which the sold amount will be converted on the settlement date. The client's trading account will be credited with the funds in the requested currency. Foreign exchange orders can be submitted electronically using the e-Broker application, in person or over the phone.

Service Conditions

Fio banka, a.s. offers foreign exchange services to its clients with a valid Commission Contract exclusively on the basis of foreign exchange orders or orders to trade securities in other currencies without the need to agree on any other contract.
Foreign exchange always uses ČNB exchange rates, which you can find directly in the e-Broker application. The table below shows the current ČNB foreign exchange rates and provides an overview of the development in foreign exchange rates.


All displayed rates are in CZK. For other currency pairs supported by Fio banka, a.s., please use the currency calculator below.

By day:
Exchange rates valid from: ?
Currency Country Amount We buy We sell ČNB rate
AUD Australia 1 16,16208 16,99092 16,60900
CAD Canada 1 16,79388 17,65512 17,27600
DKK Denmark 1 3,40031 3,57469 3,48500
EUR EMU 1 25,36755 26,66846 26,01000
GBP United Kingdom (the) 1 28,47487 29,93513 29,20000
HRK Croatia 1 3,41591 3,59109 3,50100
HUF Hungary 100 7,89000 8,29600 8,08700
CHF Switzerland 1 22,28557 23,42843 22,83400
JPY Japan 100 19,67500 20,68500 20,18100
NOK Norway 1 2,61446 2,74854 2,69600
PLN Poland 1 5,85633 6,15667 6,00800
RUB Russian Federation (the) 100 33,39200 35,45800 34,54500
SEK Sweden 1 2,46382 2,59018 2,53000
USD United States (the) 1 22,12665 23,26136 22,76100
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Exchange Rates

BuySell
EUR25,3675526,66846
USD22,1266523,26136
GBP28,4748729,93513
CHF22,2855723,42843
PLN5,856336,15667

Other currencies


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