Are you planning a trip to Prague and wondering how much your US dollars will be worth? Well, you’re in luck because we’ve got all the information you need.
Understanding the Currency in Prague
The currency used in Prague is the Czech koruna (CZK). It’s always a good idea to exchange your money before traveling to a foreign country, and this is especially true for the Czech Republic. While some places may accept euros or US dollars, it’s best to have korunas on hand for most transactions.
The Exchange Rate
As of September 2021, the exchange rate for US dollars to Czech koruna is approximately $1 USD = 21.5 CZK. Keep in mind that exchange rates can fluctuate daily, so it’s always best to check before you go.
Where to Exchange Money
There are several places where you can exchange money in Prague. Banks typically offer the best rates, but they may charge fees for exchanging currency. Another option is to use an ATM, but be aware of any foreign transaction fees that your bank may charge.
You can also find currency exchange offices throughout the city, but be sure to do your research and choose a reputable one as some may charge high fees or offer poor rates. Look for places with clear signage and official logos of recognized financial institutions.
Using Credit Cards
Credit cards are widely accepted in Prague, especially in tourist areas and larger establishments. However, smaller shops or local markets may only accept cash. It’s always a good idea to have some cash on hand for smaller purchases or when visiting more traditional establishments.
Conclusion
In summary, US dollars are not widely accepted in Prague, so it’s best to exchange your money for Czech koruna before traveling. Banks typically offer the best rates, but you can also exchange money at currency exchange offices or use an ATM.
Credit cards are widely accepted, but it’s always a good idea to have some cash on hand for smaller purchases. With this information in mind, you’ll be well prepared for your trip to Prague.
10 Related Question Answers Found
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