Is Euro Accepted in Prague?

By Alice Nichols

Are you planning a trip to Prague and wondering if you can use the Euro? The answer is yes, but with some limitations.

What currency is used in Prague?

The official currency of the Czech Republic, including Prague, is the Czech Crown (CZK). You may see it written as Kč. However, due to the high number of tourists visiting Prague each year, Euro is also widely accepted in many places.

Where can you use Euro in Prague?

You can use Euro in most hotels, restaurants, and shops located in tourist spots such as Old Town Square or Wenceslas Square. Some souvenir shops or street vendors may also accept Euro. However, keep in mind that the exchange rate may not be favorable and you might end up paying more than if you paid with CZK.

Tip:

It’s always better to ask for the price in CZK first and then decide if you want to pay with Euro or not. Also, keep some CZK with you for places that don’t accept Euro.

Is it better to exchange money or withdraw cash from an ATM?

Exchanging money at exchange offices located around tourist areas might seem convenient, but they often have lower exchange rates and charge high fees. It’s better to withdraw cash from an ATM using your debit card. Most ATMs offer a fair exchange rate and charge less fees than exchange offices.

Tip:

Check with your bank beforehand if they charge any foreign transaction fees for using your debit card abroad.

Conclusion

In summary, while Euro is accepted in many places around Prague, it’s still recommended to use Czech Crowns for most transactions as it will save you money on unfavorable exchange rates. It’s always good practice to carry some local currency on hand just in case.