Are you planning a trip to Prague? One of the first things you might be wondering is, “What currency do they use in Prague?” Well, let me answer that question for you!
Czech Koruna: The Official Currency
In Prague, the official currency is the Czech Koruna (CZK). It’s important to familiarize yourself with this currency before your trip to ensure a smooth and hassle-free experience.
Denominations
The Czech Koruna is divided into smaller units called haléře. However, due to their low value, haléře are no longer used in circulation.
The banknotes come in denominations of 1000 CZK, 500 CZK, 200 CZK, 100 CZK, 50 CZK, and 20 CZK. The coins are available in denominations of 10 CZK, 5 CZK, 2 CZK, and 1 CZK.
Exchange Rates
If you’re traveling from another country, it’s important to keep an eye on the exchange rates. The rates may fluctuate daily or even hourly. You can check the current exchange rate online or at a local bank before your trip.
Where to Exchange Currency?
In Prague, there are several options available for currency exchange:
- Banks: Banks offer competitive exchange rates and are generally a reliable option.
- Exchange Offices: There are numerous currency exchange offices throughout Prague. However, be cautious as some may charge high fees or provide unfavorable rates.
Look for reputable exchange offices with transparent fees.
- ATMs: Using ATMs to withdraw local currency is a convenient option. However, be aware of any additional fees charged by your bank for international transactions.
Using Credit and Debit Cards
Most establishments in Prague accept credit and debit cards, especially those in popular tourist areas. It’s always a good idea to carry some cash for smaller establishments or places that might not accept cards.
Notify Your Bank
Prior to your trip, inform your bank about your travel plans to avoid any issues with using your cards abroad. This will prevent them from flagging your transactions as suspicious activity.
Currency Conversion Fee
Keep in mind that when using a credit or debit card for purchases or withdrawals, there may be a currency conversion fee applied by your bank. Check with your bank beforehand to understand the fees associated with international transactions.
Final Thoughts
Now that you know what currency is used in Prague and how to handle it during your trip, you can focus on enjoying the beautiful city without any currency-related worries. Remember to plan ahead, stay informed about exchange rates, and choose reliable sources for currency exchange. Have a fantastic time exploring Prague!