Are Euros Widely Accepted in Prague?

By Michael Ferguson

Are Euros Widely Accepted in Prague?

When visiting a foreign country, one of the most important things to consider is the local currency and its acceptance. If you are planning a trip to Prague, you might be wondering if Euros are widely accepted in this beautiful city. In this article, we will explore the use of Euros in Prague and provide you with all the information you need.

Prague’s Currency: The Czech Koruna (CZK)

Before we dive into the acceptance of Euros in Prague, it’s essential to understand that the official currency of the Czech Republic is the Czech Koruna (CZK). The koruna is abbreviated as “Kč,” and it’s beneficial to have some local currency on hand during your visit.

Euros vs. Czech Korunas

While having some Czech korunas is recommended, you might be wondering if Euros are accepted as well. The answer is yes, but with some limitations.

Euros are commonly accepted in tourist areas:

  • In popular tourist destinations such as hotels, large restaurants, and souvenir shops located in central Prague, you will likely find that Euros are widely accepted.
  • If you plan on exploring areas outside of central Prague or visiting smaller businesses or local establishments, it’s advisable to have some Czech korunas on hand as these places may not accept Euros.

Czech Korunas are preferred:

  • Even though Euros may be accepted in certain places, keep in mind that using Czech korunas will generally give you better exchange rates and make transactions smoother.
  • If you pay with Euros instead of korunas, you might receive change back in korunas, and the exchange rate offered may not be as favorable.

Exchange Options

If you need to get Czech korunas during your stay in Prague, you will find various exchange options available:

Exchange offices:

  • Prague has numerous exchange offices where you can convert your Euros to Czech korunas. These offices are often conveniently located in tourist areas, such as the Old Town or near major attractions.
  • Before exchanging your money, it’s crucial to compare rates and fees to ensure you get the best deal possible.

ATMs:

  • Using an ATM is another convenient way to withdraw Czech korunas. ATMs are widely available throughout Prague, and most accept major debit and credit cards.
  • When using an ATM, make sure to select the option for withdrawing cash in local currency rather than Euros to avoid any unfavorable exchange rates.

In Conclusion

In summary, while Euros are accepted in some tourist areas of Prague, it is advisable to have some Czech korunas on hand during your visit. The use of local currency will provide better acceptance and more favorable exchange rates.

Remember to compare rates at exchange offices and consider using ATMs for withdrawing Czech korunas. By being prepared with the right currency, you can enjoy a hassle-free experience exploring all that Prague has to offer!