Czechia is not yet a member of the euro area. The Czech koruna has not yet joined the Exchange Rate Mechanism (ERM II). Exchange rate. The current euro to Czech koruna foreign exchange reference rate can be consulted on the website of the European Central Bank (updated daily). Adoption of the euro: Czechia does not have a target date to adopt Understanding the European Union There are currently 27 nations in the European Union and of these, eight countries are not in the eurozone—the unified monetary system using the euro. European Union member states 20 in the eurozone 1 in ERM II, without an opt-out ( Bulgaria) 1 in ERM II, with an opt-out ( Denmark) 5 not in ERM II, but obliged to join the eurozone on meeting the convergence criteria ( Czech Republic, Hungary, Poland, Romania, and Sweden) Non-EU member states CZECH REPUBLIC The country's central bank laws are not compatible with euro zone legislation on the European Central Bank, its inflation is too high and it does not meet the exchange The Czech Republic meets two of the five conditions for joining the euro as of June 2022; their inflation rate, not being a member of the European exchange rate mechanism, and the incompatibility of its domestic legislation are the conditions not met. As part of the euro area, and because they fall within the legal rights, capacity, and supervision of the relevant European Union Member State, these regions use the euro normally. However, the euro can also be found in other countries and regions which are neither part of the EU nor the euro area. The official currency of the Czech Republic is the Czech Koruna (CZK). 3. Denmark (Outlier) Denmark's official currency is the Danish Krone (DKK). Denmark is legally exempt from ever adopting the euro, despite meeting all requirements. 4. Sweden Sweden's official currency is the Swedish Krona (SEK). 5. Hungary jGeiuHU.