Is Euro Valid in Prague?

By Alice Nichols

Is Euro Valid in Prague?

Prague, the capital city of the Czech Republic, is a popular tourist destination known for its stunning architecture, rich history, and vibrant culture. If you’re planning a trip to Prague, one of the questions you might have is whether the euro is accepted there.

The Currency of Prague

While the Czech Republic is a member state of the European Union, it has not adopted the euro as its official currency. The currency used in Prague and throughout the country is the Czech koruna (CZK). Therefore, it’s important to exchange your currency for Czech koruna before your visit.

Where to Exchange Currency

In Prague, you’ll find numerous exchange offices where you can convert your euros or other foreign currencies into Czech koruna. These exchange offices are commonly located in high-traffic areas such as tourist hotspots and near major transportation hubs. It’s advisable to compare exchange rates and fees before making any transactions to ensure you get the best deal.

Using Euros in Prague

While it’s best to have Czech koruna for most transactions in Prague, some businesses may accept euros. However, this practice is not widespread and tends to be limited mainly to hotels, upscale restaurants, and certain tourist-oriented shops. Even in these establishments, using euros may result in unfavorable exchange rates or additional fees.

If you decide to pay with euros, it’s crucial to ask about the exchange rate being applied and any potential fees beforehand. Additionally, be prepared with smaller denominations of euros as change may be given in Czech koruna.

Benefits of Using Czech Koruna

  • Better value: By using the local currency, you’re more likely to get a fair exchange rate and avoid additional fees.
  • Wider acceptance: Czech koruna is widely accepted throughout Prague, making it convenient for everyday transactions.
  • Authentic experience: Embracing the local currency allows you to immerse yourself in the local culture and experience Prague like a true local.

Tips for Currency Exchange in Prague

  • Exchange money at reputable exchange offices or banks to ensure you receive genuine currency and fair rates.
  • Avoid exchanging money at airports or high-tourist areas, as they often offer less favorable rates.
  • Carry some cash in Czech koruna for small purchases or establishments that do not accept cards.

In Conclusion

While the euro may be accepted in certain establishments in Prague, it’s advisable to have Czech koruna for most transactions. Exchanging your currency to Czech koruna will provide better value and convenience during your visit. By using the local currency, you’ll have an authentic experience and be able to fully immerse yourself in the cultural richness of this captivating city.