Understanding the value of your cryptocurrency holdings is essential for making informed financial decisions. Whether you're a seasoned investor or just getting started, tracking real-time exchange rates helps you stay ahead in the fast-moving digital asset market. This guide dives into the current conversion rate between Synthetix (SNX) and Czech Koruna (CZK), offering up-to-date data, price trends, and insights into what drives SNX’s market performance.
As of the latest update, 1 SNX = 11.96 CZK. This rate reflects the live market value and may fluctuate due to volatility common in crypto markets. Always verify the most recent price before executing trades or conversions.
Real-Time SNX to CZK Conversion
The dynamic nature of cryptocurrency means prices can shift rapidly. Below is a quick-reference conversion table showing how much Synthetix is worth in Czech Koruna across various amounts:
- 0.5 SNX = 5.98 CZK
- 1 SNX = 11.96 CZK
- 5 SNX = 59.79 CZK
- 10 SNX = 119.58 CZK
- 50 SNX = 597.92 CZK
- 100 SNX = 1,195.84 CZK
- 500 SNX = 5,979.21 CZK
- 1,000 SNX = 11,958.42 CZK
Conversely, if you're converting from CZK to SNX:
- 1 CZK ≈ 0.08362 SNX
- 50 CZK ≈ 0.4181 SNX
These values are based on live data and do not include transaction fees or network costs, which may vary depending on the platform used.
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SNX/CZK Price Trends and Market Analysis
Recent Performance
Over the past 24 hours, Synthetix has seen a +7.24% increase against the Czech Koruna, rising from 11.11 CZK to 11.96 CZK. The price peaked at 12.65 CZK and dipped as low as 11.73 CZK, indicating moderate intraday volatility.
In the last seven days, SNX has gained +2.29%, showing short-term bullish momentum despite broader market uncertainty.
However, over longer timeframes, the trend has been downward:
- 30-day change: -22.03%
- 90-day change: -35.41%
This suggests that while there’s recent upward movement, longer-term pressures have impacted investor sentiment.
Historical Price Context
Synthetix reached an all-time high of 601.64 CZK per SNX, a level far above current valuations. While today’s price is significantly lower, historical peaks indicate strong previous demand and speculative interest.
A year ago, 1 SNX was worth approximately 41.61 CZK, meaning its value has declined by around 70.17% over the past 12 months. This sharp drop reflects macroeconomic factors, regulatory scrutiny, and shifts in DeFi market dynamics.
Market Statistics for Synthetix (SNX)
Understanding key metrics helps assess the health and liquidity of a cryptocurrency:
- Current Price: 11.96 CZK per SNX
- 24-Hour Trading Volume: 168,346,666.98 CZK
- Market Cap: 4,107,314,494.07 CZK
- Circulating Supply: 343,466,200 SNX
Despite a drop in trading volume by nearly 30% over the past day (-71,997,498.09 CZK), Synthetix maintains a solid presence in the decentralized finance (DeFi) space.
What Influences the SNX to CZK Exchange Rate?
Several factors affect how much Synthetix is worth in Czech Koruna:
1. Global Crypto Market Sentiment
Broader trends in Bitcoin and Ethereum often influence altcoins like SNX. Positive news or institutional adoption can lift prices across the board.
2. DeFi Ecosystem Growth
As a core DeFi protocol enabling synthetic assets, Synthetix benefits from increased usage of decentralized exchanges, lending platforms, and yield-generating strategies.
3. Network Upgrades and Governance Decisions
Improvements to the Synthetix protocol—such as gas optimizations, new synth types, or staking rewards adjustments—can boost investor confidence.
4. Local Economic Conditions in the Czech Republic
Czech Koruna strength or weakness against major currencies indirectly impacts how much SNX costs in CZK, especially when global traders adjust fiat-denominated pricing.
Frequently Asked Questions (FAQ)
What is the current price of 1 Synthetix in Czech Koruna?
As of now, 1 Synthetix (SNX) is valued at 11.96 CZK.
How much would 50 SNX be worth in CZK?
At the current rate, 50 SNX equals 597.92 CZK.
Has SNX been gaining value against CZK recently?
Yes. Over the last 24 hours, SNX has increased by +7.24% against the Czech Koruna.
Can I buy SNX directly with Czech Koruna?
While some platforms may support direct CZK purchases, many require converting through stablecoins like USDT first. Always check available trading pairs on your preferred exchange.
Is Synthetix a good long-term investment?
Investment suitability depends on risk tolerance and market outlook. Given its role in DeFi innovation and past performance highs, SNX remains a notable asset—but always conduct thorough research before investing.
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Why Use a Crypto Converter?
A reliable cryptocurrency converter allows you to:
- Instantly check asset values without manual calculations
- Monitor portfolio performance across multiple currencies
- Make faster trading decisions based on accurate pricing
- Avoid costly mistakes due to outdated exchange rates
Tools like real-time calculators help both beginners and experts navigate complex markets efficiently.
Final Thoughts
Synthetix continues to play a vital role in the decentralized finance ecosystem by enabling users to mint and trade synthetic versions of real-world assets—from stocks to commodities and currencies—all on-chain.
While its value in Czech Koruna has experienced significant declines over the past year, recent short-term gains suggest possible stabilization or renewed interest. With a market cap exceeding 4 billion CZK and active development ongoing, SNX remains a project worth watching.
Whether you're converting small amounts for daily use or analyzing long-term investment potential, staying updated with accurate exchange rates is crucial.
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