When traveling to Prague, one of the most important things to consider is what currency to use. The Czech Republic is part of the European Union, but it has its own currency, the Czech koruna (CZK).
So should you bring euros or dollars? Or should you exchange your money for korunas?
Using Euros in Prague
While some places in Prague may accept euros, it’s not recommended to use them as your main form of payment. Many shops, restaurants, and other establishments will only accept korunas. Plus, if a place does accept euros, you may end up getting a worse exchange rate than if you had exchanged your money for korunas beforehand.
Exchanging Money in Prague
There are plenty of places to exchange money in Prague, including banks, exchange offices, and ATMs. However, it’s important to be cautious when exchanging money. Some exchange offices may have hidden fees or give you a worse exchange rate than what’s advertised.
If you do decide to exchange money in Prague, make sure to shop around and compare rates at different places. You can also check online beforehand to see what the current exchange rate is.
Using Credit Cards in Prague
Credit cards are widely accepted in Prague, especially at larger establishments like hotels and restaurants. However, some smaller shops and vendors may only accept cash.
It’s also important to note that some credit card companies may charge foreign transaction fees when using your card abroad. Make sure to check with your credit card company beforehand so you’re aware of any potential fees.
Conclusion
In summary, when traveling to Prague it’s best to use Czech korunas as your main form of payment. While euros may be accepted in some places, it’s not recommended as you may end up with a worse exchange rate.
Make sure to compare rates at different exchange offices if you decide to exchange money, and be aware of any potential fees when using credit cards. By being prepared and informed, you can ensure a smooth and hassle-free trip to Prague.