What Currency Is Prague?
Prague is the capital city of the Czech Republic, a beautiful and historic destination that attracts millions of tourists every year. As you plan your trip to this enchanting city, it’s important to know about the currency used in Prague. In this article, we will explore the currency of Prague and provide you with all the necessary information.
What is the Currency of Prague?
The official currency of Prague and the entire Czech Republic is the Czech koruna (CZK). It is represented by the symbol “Kč”.
The koruna is divided into 100 haleru, although haleru are no longer in circulation and only exist as a display in prices.
Exchanging Currency
When visiting Prague, you will need to exchange your foreign currency for Czech koruna. Exchanging money can be done at various places such as banks, exchange offices, or ATMs.
It’s important to compare exchange rates and fees before making any transactions to ensure you get the best deal.
Many establishments in Prague also accept major credit cards such as Visa and Mastercard. However, it’s always a good idea to carry some cash for smaller businesses or places that may not accept cards.
Tips for Currency Exchange
- Check exchange rates online or use a reliable currency conversion app.
- Avoid exchanging money at airports or tourist areas as they often have higher fees.
- Be cautious when using exchange offices on the street as they may have unfavorable rates or hidden charges.
- If using an ATM, choose one located within a bank for better security and reliability.
Currency denominations in Prague
The Czech koruna comes in various denominations, including coins and banknotes. Here are the most common denominations you will come across:
- Coins:
- 1 Kč, 2 Kč, 5 Kč, 10 Kč, 20 Kč, and 50 Kč coins.
- Banknotes:
- 100 Kč, 200 Kč, 500 Kč, 1000 Kč, 2000 Kč, and 5000 Kč banknotes.
- Keep smaller denomination coins for public transportation or small purchases.
- Avoid carrying large amounts of cash and be cautious of pickpockets in crowded areas.
- If paying with cash in restaurants or shops, make sure to count your change carefully.
Tips for Handling Currency in Prague
Currency Exchange Summary
In summary, the currency of Prague is the Czech koruna (CZK), which is divided into haleru. When visiting Prague, it’s important to exchange your foreign currency for Czech koruna at banks or exchange offices.
Credit cards are widely accepted but having some cash on hand is recommended.
Remember to compare exchange rates and fees before making any transactions and follow the tips provided to ensure a smooth currency exchange experience during your visit to Prague!