Silver Coin 200 CZK 20 Years of the CNB and Czech Currency 2013 Proof

20 years of the CNB and the Czech currency

The obverse side of the commemorative coin features a Czech lion, with the inscription "CNB" over its image. Below the depiction of the Czech lion is the denomination of the coin with the abbreviation of the monetary unit '200 CZK'. The name of the state 'CZECH REPUBLIC' is partly inscribed on the intercircle. The coin was minted by the Czech Mint, its mark consisting of a composition of the letters 'Č' and 'M' is above the letter 'Č' from the word 'ČESKÁ'.

The motif on the reverse side of the commemorative coin is the facade of the Czech National Bank headquarters building in Prague, over which the motif on the reverse side of the CZK 1 coin is depicted. The inscription '20 YEARS OF THE CNB AND THE CZECH CURRENCY' appears at the left, top and right edges of the coin. At the bottom edge of the coin are the years '1993' and '2013'. The author of the commemorative coin is the academic sculptor Vladimír Oppl. His mark is above the years related to the anniversary.

Czech National Bank

The Czech National Bank (CNB) is the central bank of the Czech Republic and the body that supervises the financial market in the country. It has the status of a public body. It is entrusted with the powers of an administrative authority to the extent provided for by law. It manages independently, with professional care, the assets entrusted to it by the State. Its activities may be interfered with only on the basis of the law.

Pursuant to Article 98 of the Constitution of the Czech Republic and Act No 6/1993 Coll., on the CNB, as amended, the main objective of its activities is to ensure price stability. Achieving and maintaining price stability, i.e. creating a low-inflationary environment in the economy, is the central bank's permanent contribution to creating conditions for sustainable economic growth. The independence of the central bank is a prerequisite for the effectiveness of monetary instruments leading to price stability.

The CNB also supports the general economic policy of the government, provided that this secondary objective does not conflict with the primary objective. Accordingly, it determines monetary policy, issues banknotes and coins, regulates money circulation, payments and bank settlement, supervises the banking sector, the capital market, the insurance industry, pensions, credit unions, electronic money institutions and foreign exchange supervision. It also carries out activities under the CNB Act and other legislation.

Each silver coin is stored in a protective plastic capsule and placed in a dark blue box along with a certificate of authenticity from the CNB.