devizovém

Devizový is a Czech adjective used in finance and banking to designate relations to foreign currencies and foreign-exchange operations. The form devizovém is the locative singular, appearing in phrases such as devizovém trhu (on the foreign-exchange market) or devizovém účtu (on a foreign-currency account). The term derives from deviza, historically referring to foreign money or foreign exchange, and remains standard in Czech financial vocabulary.

In common use, devizový kurz means the exchange rate used for converting currencies, typically quoted by banks for customer transactions. Devizové operace are transactions involving foreign currencies, carried out by banks, companies, or individuals. These operations encompass spot trades, forwards, international payments, and related instruments such as letters of credit. A devizový účet is an account maintained in foreign currencies, allowing the holder to hold, transfer, and convert foreign funds.

Regulatory and market context: in the Czech Republic, foreign-exchange activities are part of the broader banking and financial system and are supervised by the Czech National Bank (ČNB). Devizové operace are subject to anti-money-laundering rules and foreign-trade and payment regulations. The devizový trh, or foreign-exchange market, operates with participation from commercial banks, financial institutions, and corporate clients, with prices shaped by supply and demand, monetary policy, and macroeconomic developments. Central bank policy and international considerations can influence devizové kurzy and the availability of foreign currencies, though liberalization over the past decades has reduced restrictions on foreign-exchange transactions.

See also: deviza, devizový kurz, devizový účet, devizové operace, zahraniční platby, měnový kurz.