If you’re planning a trip to Prague, you may be wondering how much your dollars will be worth in the Czech Republic. The exchange rate can have a significant impact on your budget, so it’s important to know what to expect before you arrive.
Exchange Rate Basics
The Czech Republic uses the Czech koruna (CZK) as its currency. As of August 2021, the exchange rate is approximately 21 CZK per US dollar.
It’s worth noting that exchange rates can fluctuate rapidly and unpredictably, especially during times of economic uncertainty. Keep an eye on the rate in the weeks leading up to your trip and be prepared for some variability.
Currency Exchange Options
When it comes to exchanging your dollars for koruna, you have a few options. Here are some of the most common:
- ATMs: ATMs are widely available throughout Prague, and they offer a convenient way to withdraw cash in local currency. Be aware that your bank may charge fees for international withdrawals.
- Banks: You can also exchange money at banks, but keep in mind that they often charge higher fees than other options.
- Currency Exchange Offices: There are many currency exchange offices throughout Prague, especially in tourist areas. Be sure to compare rates and fees before making a transaction.
Tipping Culture
In Prague, tipping is generally expected in restaurants and cafes. The amount you should tip varies depending on the establishment and level of service, but a good rule of thumb is to leave around 10% of the total bill as a tip.
The Bottom Line
So how much is a dollar worth in Prague? As of August 2021, you can expect to get approximately 21 koruna for every US dollar.
Keep in mind that exchange rates can fluctuate, so it’s a good idea to keep an eye on the rate leading up to your trip. When exchanging money, be sure to compare rates and fees to get the best deal possible.
And don’t forget about tipping – it’s an important part of Prague’s restaurant culture. With a little bit of preparation and knowledge, you can enjoy your trip to Prague without worrying about currency exchange issues.
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