The word "koruny" (IPA: /kɔːrʊni/) is the plural form of the Czech currency "koruna". The spelling of "koruny" can be explained through phonetic transcription. The "k" sound is followed by an "o" sound that is pronounced as "or". The letter "r" is then followed by a "u" sound that is pronounced as "oo". Finally, the "ny" sound is pronounced as the "n" sound followed by the "ee" sound. Therefore, "koruny" is pronounced as "kor-oo-nee".
Koruny is the plural form of the noun "koruna," which is a unit of currency used in several European countries. The word "koruny" specifically refers to multiple units of the currency, rather than a single unit.
Koruny is primarily used in the Czech Republic and is the official currency of the country. It is also recognized and accepted in certain parts of Slovakia, although the preferred currency in Slovakia is the euro. The currency is denoted by the symbol "Kč" or "CZK," and its ISO code is CZK.
One koruna, or koruna singular, is divided into 100 smaller units called haleru. However, the smallest denomination currently in circulation is 1 koruna, while the haleru is no longer in use.
The koruna is issued and regulated by the Czech National Bank, which has the authority to mint and distribute coins as well as print and circulate banknotes. The coins of various denominations include 1, 2, 5, 10, 20, and 50 koruny, while the banknotes come in values of 100, 200, 500, 1000, 2000, and 5000 koruny.
The term "koruny" is often used when discussing financial matters related to the Czech Republic or referring to the plural form of the currency in general. It signifies multiple units or amounts of the koruna currency.
The word "koruny" is derived from the Czech language. It is the plural form of the noun "koruna", which means "crown" in English. The term "koruna" itself comes from the Latin word "corona", meaning "crown" or "wreath". The Czech currency is named "koruna" because the currency's notes and coins historically depicted the country's national symbol, the Bohemian lion, with a crown on its head.