What Currency Do I Need for Prague?

By Michael Ferguson

If you’re planning a trip to Prague, one of the most important things you need to consider is the currency. The official currency of Prague is the Czech Koruna (CZK), which is also known as Czech Crown. It’s important to have an idea of how much you’ll need and where to get it before you arrive in Prague.

What is the exchange rate for Czech Koruna?

The exchange rate for Czech Koruna varies depending on the current market conditions and where you are exchanging your currency. It’s always a good idea to check the current exchange rate before you travel so that you know exactly how much you’ll get for your money.

Where can I exchange my currency?

There are many places in Prague where you can exchange your currency, including airports, banks, and exchange offices. However, it’s important to be cautious when exchanging money as some places may offer unfavorable rates or hidden fees. To ensure that you get the best deal when exchanging your money, compare rates at different places and avoid exchanging money at tourist hotspots.

Using Credit Cards in Prague

Credit cards are widely accepted in Prague, especially in hotels, restaurants, and shops. However, it’s always a good idea to have some cash on hand for smaller purchases or places that only accept cash.

ATMs in Prague

ATMs are available throughout Prague and are a convenient way to withdraw cash using your credit or debit card. However, be aware that some ATMs may charge a fee for withdrawals or have unfavorable exchange rates.

  • If possible, use ATMs located inside banks.
  • Avoid using private ATMs located on the street.
  • Check with your bank before traveling to find out if they have any partnerships with banks in Prague.

Conclusion

In conclusion, the official currency of Prague is the Czech Koruna (CZK) and it’s important to have an idea of how much you’ll need and where to get it before you arrive. While credit cards are widely accepted, it’s always a good idea to have some cash on hand for smaller purchases or places that only accept cash.

Use ATMs located inside banks and compare exchange rates before exchanging your money to ensure that you get the best deal possible. With proper planning, you can enjoy your trip to Prague without worrying about currency exchanges.