Does Prague Accept Euro?

By Anna Duncan

Prague, the enchanting capital of the Czech Republic, is a popular destination for tourists from around the world. If you’re planning a trip to this beautiful city, you might be wondering if Prague accepts Euro as a form of currency. Let’s delve into this question and find out the answer.

Prague’s Currency

The official currency of the Czech Republic is the Czech koruna (CZK). The koruna is abbreviated as Kč and is represented by the symbol ‘Kč’. While the Czech Republic is a member of the European Union (EU), it has not adopted the Euro as its official currency.

Using Euro in Prague

Although Prague does not have Euro as its official currency, you may still come across some businesses that accept Euro. However, it’s important to note that these establishments are in the minority, and most places will only accept payment in Czech koruna.

Tip: It’s always advisable to have some local currency on hand when visiting Prague to avoid any inconvenience or exchange rate discrepancies.

Currency Exchange

If you arrive in Prague with Euro and need to exchange it for Czech koruna, you’ll find numerous exchange offices throughout the city. These exchange offices are commonly known as “směnárna” in Czech. It’s recommended to compare rates at different exchange offices before making your transaction to ensure you get a fair deal.

Tips for Currency Exchange:

  • Research: Look for reputable exchange offices with good reviews and fair rates.
  • Avoid Airports: Exchange rates at airports are often unfavorable compared to city exchange offices.
  • Beware of Commissions: Some exchange offices may charge high commissions, so be sure to inquire about any additional fees.

Payment Options in Prague

While cash is widely accepted in Prague, especially for smaller purchases and in local establishments, credit and debit cards are also commonly used. Major credit cards such as Visa and Mastercard are widely accepted in hotels, restaurants, and larger stores. However, it’s always a good idea to carry some cash with you as some smaller shops and vendors may only accept cash payments.

Note: It’s important to inform your bank or credit card provider about your travel plans to ensure smooth transactions without any issues.

Conclusion

In summary, while the official currency of Prague is the Czech koruna (CZK), you may find some businesses that accept Euro. However, it’s always recommended to have local currency on hand when visiting Prague.

Exchange offices are readily available throughout the city for converting Euro into Czech koruna. Additionally, credit and debit cards are widely accepted in bigger establishments, but carrying some cash is advisable for smaller shops and vendors.

Remember: Being prepared with the right currency will help you make the most of your trip to this magnificent city!