In Prague, the currency used is the Czech koruna (CZK). It is important to familiarize yourself with the currency in any country you visit, as it will make your transactions and overall experience much smoother.
What is the Czech koruna?
The Czech koruna, symbolized by CZK, is the official currency of the Czech Republic. The word ‘koruna’ translates to ‘crown’ in English. It is further divided into smaller units called haléř or haléře (heller/hellers) but these are no longer in circulation.
Banknotes and Coins
The banknotes in circulation are denominated as 100, 200, 500, 1000, 2000, and 5000 CZK. Each banknote features prominent personalities from Czech history on one side and various architectural landmarks on the other.
Here are some examples of famous personalities depicted on Czech banknotes:
- 100 CZK: Karel Čapek – a renowned writer and playwright.
- 500 CZK: Josef Božek – a famous mathematician who invented an early electric motor.
- 2000 CZK: Ema Destinnová – a celebrated opera singer from the early 20th century.
- 5000 CZK: Tomáš Garrigue Masaryk – the first president of Czechoslovakia.
In addition to banknotes, there are also coins available in denominations of 1, 2, 5, 10, 20, and 50 CZK. The coins feature different designs on the obverse and reverse sides, often representing important Czech historical figures or landmarks.
Where can you exchange currency?
When visiting Prague, it is advisable to exchange your currency for Czech koruna. You can do this at various places such as:
- Banks: Banks offer currency exchange services, and you can find them in most areas of the city.
- Exchange Offices: There are numerous exchange offices throughout Prague, especially in tourist areas like Old Town Square and Wenceslas Square.
However, be cautious of the exchange rates and any hidden fees they may charge.
- ATMs: ATMs are widely available in Prague. Ensure that your card is enabled for international use and check with your bank regarding any fees or charges for foreign transactions.
Tips for handling Czech koruna
Here are a few tips to keep in mind when dealing with Czech koruna:
- Cash is King: While credit cards are accepted in many places, it is still wise to carry some cash for smaller establishments or places that might not accept cards.
- Budgeting: Plan your spending ahead of time and keep track of your expenses to avoid overspending or running out of cash before the end of your trip.
- Beware of Counterfeit Money: Like any major city, Prague has had instances of counterfeit money. Familiarize yourself with the security features on banknotes to ensure you receive genuine currency.
In conclusion, when visiting Prague, it is essential to acquaint yourself with the Czech koruna as the local currency. Understanding the banknotes, coins, and where to exchange money will make your time in Prague more convenient and enjoyable.