What Currency Do You Use in Prague?

By Michael Ferguson

What Currency Do You Use in Prague?

When planning a trip to Prague, it’s essential to familiarize yourself with the local currency. The official currency used in Prague is the Czech koruna (CZK). While some establishments might accept euros or other major currencies, it’s advisable to have some korunas on hand for a seamless experience.

Where Can You Exchange Currency?

If you arrive in Prague without any korunas, don’t fret! There are several options available for currency exchange:

  • Banks: Banks offer reliable and secure exchange services. They typically have competitive rates and can be found throughout the city.
  • Currency Exchange Offices: These offices are easily accessible and can be found in popular tourist areas.

    However, be cautious of high fees and unfavorable exchange rates at some establishments.

  • ATMs: ATMs are widely available in Prague. They usually offer fair exchange rates, but it’s advisable to check with your bank regarding any international withdrawal fees.

Tips for Currency Exchange

Here are a few tips to keep in mind when exchanging currency:

  • Compare Rates: Before exchanging your money, compare rates from different banks or exchange offices to ensure you’re getting the best deal.
  • Avoid Airport Exchanges: Currency exchange services at airports often charge higher fees and offer less favorable rates compared to those within the city.
  • Avoid Street Exchangers: While there may be individuals offering currency exchange on the streets, it’s best to avoid these informal exchanges as they may involve scams or unfair rates.
  • Keep Small Denominations: It’s useful to keep smaller denominations of korunas for smaller purchases and for places that may not accept card payments.

Using Cards in Prague

In Prague, most places accept card payments, including major credit cards such as Visa and Mastercard. However, it’s always advisable to carry some cash for smaller establishments or places with limited card facilities.

Final Thoughts

Having the right currency when traveling to Prague is essential for a hassle-free experience. Ensure you have enough korunas on hand by exchanging your money at reputable establishments.

Remember to compare rates, avoid street exchanges, and keep small denominations for convenience. With these tips in mind, you’ll be well-prepared to enjoy your time exploring the beautiful city of Prague!