Can I Use Euros in Prague and Budapest?
If you’re planning a trip to Prague or Budapest, you might be wondering if you can use euros as a form of currency. Both cities have their own official currencies, the Czech koruna in Prague and the Hungarian forint in Budapest. However, some establishments may accept euros, especially in tourist areas.
Prague
In Prague, the official currency is the Czech koruna (CZK). While it is the widely accepted currency throughout the city, there are a few places that may accept euros. These include some hotels, restaurants, and souvenir shops.
It’s important to note that using euros in Prague can be quite expensive due to unfavorable exchange rates and additional fees that may be charged by establishments for currency conversion.
Where Can I Exchange Euros for Czech Koruna?
If you have euros and want to exchange them for Czech koruna, you’ll find plenty of exchange offices throughout Prague. These offices usually offer competitive rates compared to exchanging money at hotels or airports.
Tip: Look out for exchange offices with signs displaying “No Commission” or “Zero Fees” as these tend to offer better rates without additional charges.
Budapest
In Budapest, the official currency is the Hungarian forint (HUF). While it is widely accepted throughout the city, especially in tourist areas such as restaurants and hotels, some establishments may also accept euros.
Similar to Prague, using euros in Budapest can be more expensive due to unfavorable exchange rates and potential fees imposed by establishments.
Where Can I Exchange Euros for Hungarian Forint?
If you have euros and want to exchange them for Hungarian forint, you’ll find numerous exchange offices in Budapest. As with Prague, it’s advisable to avoid exchanging money at hotels or airports as they tend to offer less favorable rates.
Tip: Look for exchange offices that advertise “Best Rates” or “Competitive Exchange Rates” to get the most out of your currency conversion.
Conclusion
While both Prague and Budapest have their own official currencies, euros may be accepted in some establishments, particularly in tourist areas.
- Prague: The Czech koruna is the official currency. Euros may be accepted in some hotels, restaurants, and souvenir shops.
However, using euros can be expensive due to unfavorable exchange rates and additional fees.
- Budapest: The Hungarian forint is the official currency. Euros are widely accepted in tourist areas. Nevertheless, similar to Prague, using euros can be more expensive due to unfavorable exchange rates and potential fees.
If you plan on visiting either city, it’s recommended to exchange your euros for the local currency at reputable exchange offices to avoid unnecessary charges and ensure a better value for your money.
Please Note: Currency acceptance may vary depending on individual establishments’ policies and current economic conditions. It’s always a good idea to carry some local currency when traveling and research current exchange rates before your trip.