When planning a trip to Prague, one of the essential things to consider is the currency you will be using during your stay. The official currency in the Czech Republic is the Czech koruna (CZK). It’s important to familiarize yourself with the currency and know where and how you can use it.
Using Czech Koruna
The Basics:
While some establishments in popular tourist areas may accept euros or other major currencies, it’s generally best to have some Czech koruna on hand. Most places in Prague, including restaurants, shops, and public transportation, prefer payment in the local currency.
Where to Exchange Money:
If you are arriving in Prague by air, you’ll find several currency exchange offices at the airport. However, it’s advisable to only exchange a small amount of money there due to potentially higher fees and less favorable exchange rates.
Alternatively, it’s better to withdraw cash from ATMs located throughout the city.
ATMs usually offer competitive rates and charge lower fees compared to exchanging money at airports or hotels. Before using an ATM, make sure your card has been authorized for international transactions.
Places Where You Can Use Czech Koruna
Retailers and Shops:
- In Prague, most retailers accept cash payments in Czech koruna. It’s always a good idea to carry small denominations as some smaller shops might not have enough change for larger bills.
- Major credit cards like Visa and Mastercard are accepted at many retail stores and larger establishments. However, it’s still wise to have cash available for smaller businesses or places that may not accept cards.
Restaurants and Cafes:
While some restaurants and cafes in touristy areas may accept euros, it’s generally preferred to pay in Czech koruna. It’s also customary to tip around 10% of the bill, so having cash is useful for leaving a gratuity.
Public Transportation:
When using public transportation in Prague, such as buses, trams, or the metro system, you can only pay with Czech koruna. It’s essential to have coins or small bills ready as ticket vending machines often do not accept larger bills.
Tips for Handling Czech Koruna
1. Familiarize Yourself with Banknotes
Take some time to familiarize yourself with the different denominations of Czech koruna banknotes. This will make it easier for you to quickly identify and count your money.
2. Keep Some Coins Handy
In Prague, it’s common to come across places that require exact change for smaller transactions, such as public restrooms or vending machines. Having a few coins readily available can save you from any inconvenience.
3. Be Mindful of Exchange Rates
If you choose to pay in euros at establishments that accept them, keep in mind that the exchange rate offered may not be favorable. It’s recommended to have the local currency on hand for better value and convenience.
In conclusion, while it is possible to use other currencies like euros in certain places in Prague, having Czech koruna will ensure smoother transactions and greater flexibility during your visit. Remember to plan ahead and exchange your money at reliable sources like ATMs to get the best rates.
Boldly embrace your trip, enjoy the beautiful city of Prague, and make the most of your time exploring its rich history, stunning architecture, and vibrant culture!