Can I Pay With Euro in Prague?

By Michael Ferguson

Are you planning a trip to Prague and wondering whether you can pay with Euro? The answer is yes and no. Let’s dive deep into the topic to understand the nuances of currency in Prague.

What is the official currency of Prague?

The official currency of Prague is Czech Koruna (CZK). However, many places in Prague, especially in tourist areas, accept Euros as well. But the exchange rate used by these places can be quite unfavorable, so it’s always better to carry Czech Koruna.

Where can I exchange my currency?

You can exchange your currency at any bank or exchange office in Prague. It’s always better to compare the exchange rates offered by different banks and offices before making a transaction. Also, be careful of scams and always count your money before leaving the counter.

Can I withdraw Czech Koruna from ATMs?

Yes, you can withdraw Czech Koruna from ATMs using your debit or credit card. However, make sure that your card is authorized for international transactions and inform your bank about your travel plans beforehand to avoid any issues.

Can I pay with Euro at restaurants and shops in Prague?

As mentioned earlier, many restaurants and shops in tourist areas accept Euros; however, they may not offer a favorable exchange rate. It’s always better to ask beforehand whether they accept Euros or not and what the exchange rate is.

Do’s and Don’ts

  • Do: Carry enough Czech Koruna for local transportation, small purchases, tips, etc.
  • Do: Exchange your currency at reputable banks or offices.
  • Do: Withdraw money from ATMs if needed.
  • Don’t: Rely solely on Euros as a mode of payment.
  • Don’t: Exchange your currency at unauthorized exchange offices or street vendors.
  • Don’t: Forget to inform your bank about your travel plans beforehand.

In conclusion

While you may find some places in Prague that accept Euros, it’s always better to carry Czech Koruna for local transactions. Make sure to exchange your currency at reputable banks or offices and be careful of scams. With these tips in mind, you can enjoy your trip to Prague without any currency-related worries.