Can You Withdraw Euro in Prague?

By Michael Ferguson

Can You Withdraw Euro in Prague?

If you are planning a trip to Prague, one question that may come to mind is whether you can withdraw Euros in the city. As the capital of the Czech Republic, Prague uses the Czech koruna (CZK) as its official currency. However, being a popular tourist destination, it is not uncommon for visitors to wonder if they can access Euros easily.

Using Czech Koruna

The official currency of Prague is the Czech koruna (CZK), and it is widely accepted throughout the city. It is recommended to exchange your currency for CZK before or upon arrival in Prague. There are several exchange offices and banks located in key areas such as airports, train stations, and city centers where you can convert your money.

Benefits of Using Czech Koruna

While it may be tempting for some tourists to rely solely on Euros during their visit to Prague, there are several benefits to using the local currency:

  • Better Exchange Rates: By using CZK instead of Euros, you are likely to get better exchange rates.
  • Wider Acceptance: Many businesses in Prague prefer payment in CZK, so having the local currency will ensure smoother transactions.
  • Avoiding Double Conversion: If you pay with Euros, some establishments may convert your payment into CZK at an unfavorable rate.

Euro Acceptance in Prague

While it is always advisable to have Czech koruna available during your stay in Prague, there are certain places where Euros might be accepted:

  • Touristy Areas: Some tourist-focused establishments such as hotels, upscale restaurants, and souvenir shops may accept Euros. However, it is always best to inquire beforehand.
  • Border Areas: The Czech Republic shares borders with Eurozone countries like Germany and Austria.

    In these regions, especially near the border crossings, you may find businesses that accept Euros.

  • Currency Exchange Offices: Some currency exchange offices in Prague may allow you to withdraw Euros from your CZK account. However, be aware that their exchange rates might not be as favorable as dedicated exchange offices.

ATMs in Prague

If you need cash during your stay in Prague, ATMs are readily available throughout the city. Most ATMs offer the option to withdraw Czech koruna using international debit or credit cards. It is advisable to inform your bank about your travel plans beforehand to avoid any issues with card usage abroad.

Note: While some ATMs in Prague may offer the option to withdraw Euros, they often charge high fees for this service. Therefore, it is generally more cost-effective to withdraw Czech koruna and then exchange it if necessary.

In Conclusion

In summary, while Prague uses the Czech koruna (CZK) as its official currency, there are certain instances where Euros might be accepted. However, it is always recommended to have local currency on hand for a smoother experience during your visit. By exchanging your money for CZK at reputable exchange offices or withdrawing cash from ATMs using your international card, you can ensure that you have the necessary funds for your time in Prague.

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