Are you planning a trip to Prague and wondering whether you can use US dollars? The short answer is yes and no. Let’s dive into the details.
What currency is used in Prague?
The official currency of the Czech Republic, including Prague, is the Czech koruna (CZK). One US dollar is currently equivalent to approximately 22 CZK.
Where can I exchange US dollars for Czech koruna?
You can exchange US dollars for Czech koruna at banks, exchange offices, and some hotels in Prague. However, it’s important to note that the exchange rate may not be favorable and there may be fees involved. It’s best to compare rates and fees before exchanging money.
Can I use US dollars at restaurants and shops in Prague?
While some tourist-oriented restaurants and shops may accept US dollars, it’s not a common practice in Prague. It’s recommended to always have Czech koruna on hand for transactions.
Should I use my credit card instead of cash?
Credit cards are widely accepted in Prague, especially in larger establishments such as hotels and restaurants. However, smaller businesses may prefer cash payments. It’s always a good idea to carry both cash and a credit card for flexibility.
Tips for handling money in Prague:
- Carry small denominations of Czech koruna for convenience.
- Avoid exchanging money at exchange offices with unfavorable rates or high fees.
- Notify your bank before traveling abroad to avoid any issues with your debit or credit cards.
In conclusion,
While it’s possible to exchange US dollars for Czech koruna in Prague, it’s not recommended to rely solely on USD as a form of payment. It’s best to have Czech koruna on hand for transactions and use credit cards as a backup. With these tips in mind, you’ll be able to handle your money in Prague with ease.
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