Are you planning a trip to Prague and wondering if you can use the Euro as currency? The answer is both yes and no. Let’s dive deeper into the currency situation in Prague.
What is the Currency in Prague?
The official currency of the Czech Republic, including Prague, is the Czech koruna (CZK). As of writing this article, 1 Euro equals approximately 25 CZK.
Can You Pay with Euros in Prague?
While some larger hotels, restaurants, and shops may accept Euros, it is not a widely accepted currency in Prague. It’s important to note that even if they do accept Euros, using them can result in unfavorable exchange rates.
Tip:
It’s always better to pay with the local currency when traveling abroad to avoid any extra fees or exchange rate losses.
Where to Exchange Euros for Korunas?
If you have Euros that you need to convert into Korunas, there are many options available.
- Banks: Banks are typically open weekdays from 9 am to 5 pm and usually provide the best exchange rates.
- Currency Exchange Offices: These offices can be found all over the city and offer competitive exchange rates. Be sure to compare rates before exchanging money.
- ATMs: ATMs are widely available throughout Prague and usually offer a good exchange rate as well.
Tip:
Avoid exchanging money at airports or train stations as they typically have unfavorable exchange rates.
Conclusion
While it’s possible to use Euros in some places in Prague, it’s recommended that travelers exchange their money for Korunas for a more favorable exchange rate. With the many exchange options available in the city, it’s easy to get the local currency and enjoy your trip without worrying about currency issues.
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