Is Euro Widely Accepted in Prague?
If you’re planning a trip to Prague, you might be wondering whether the Euro is widely accepted in the city. While the Czech Republic is a member of the European Union, it does not use the Euro as its official currency.
The official currency of the Czech Republic is the Czech koruna (CZK). However, this doesn’t mean that you won’t be able to use Euros during your visit.
Using Euros in Prague
While the Czech koruna is the main currency used in Prague, many businesses in popular tourist areas accept Euros as well. These include hotels, restaurants, and shops that cater to international visitors.
However, it’s important to note that when using Euros in Prague, you may receive your change in Czech koruna. Additionally, the exchange rate used by businesses may not be as favorable compared to exchanging your money at an official exchange office or withdrawing cash from an ATM.
Where to Exchange Currency
If you plan on using cash during your stay in Prague, it’s highly recommended to exchange your money at an official exchange office or withdraw cash from ATMs. These options usually offer better exchange rates compared to exchanging money at hotels or shops.
Pro Tip: Look for exchange offices with competitive rates and low commission fees. Avoid exchanging money on the street or with individuals who approach you offering a better rate, as this can often be a scam.
Paying with Cards
In addition to using cash, paying with cards is also widely accepted in Prague. Most hotels, restaurants, and shops accept major credit cards such as Visa and Mastercard. However, it’s always a good idea to carry some cash for small purchases or places that might not accept cards.
Conclusion
In summary, while the Euro is not the official currency of Prague, it is still widely accepted in many tourist areas. However, it’s important to be aware of the potential drawbacks such as receiving change in Czech koruna and less favorable exchange rates.
For the best rates, consider exchanging your money at official exchange offices or withdrawing cash from ATMs. Additionally, carrying a credit card for larger purchases is always a good idea.
By keeping these tips in mind, you can confidently navigate your way through Prague and make informed decisions about using Euros during your visit.