What Currency Is Used in Prague?
When planning a trip to Prague, it’s important to know what currency is used in the city. The official currency of Prague and the Czech Republic is the Czech koruna (CZK). Understanding the local currency will help you navigate through your expenses and ensure a smooth travel experience.
Using Czech Koruna
While some businesses in popular tourist areas may accept euros or other major currencies, it is recommended to use the local currency for most transactions. The exchange rate for euros or dollars may not be favorable, and you may end up paying more than necessary.
Here are some tips for using Czech koruna during your visit:
- Exchange your currency: Before arriving in Prague, it’s a good idea to exchange some of your money into Czech koruna. You can do this at currency exchange offices, banks, or ATMs located throughout the city.
- Carry cash: While credit cards are widely accepted in hotels, restaurants, and larger stores, having cash on hand is essential for smaller establishments, public transportation, and street vendors.
- Be aware of fees: When using ATMs or exchanging money at currency exchange offices, be mindful of any fees associated with these services. It’s wise to compare rates and fees to get the best deal.
Where to Exchange Money
In Prague, you’ll find numerous options for exchanging your money. Some of the most common places include:
- Banks: Banks generally offer competitive rates and reliable service. However, they often have limited operating hours on weekends and may charge higher fees compared to other options.
- Currency exchange offices: These are prevalent throughout the city and typically offer extended hours of operation.
It’s advisable to compare rates and fees before making a transaction.
- ATMs: ATMs are convenient and can be found in abundance in Prague. However, check with your bank regarding any international withdrawal fees that may apply.
Tipping Etiquette
Tipping is customary in Prague, although the amount may vary depending on the service received. It’s customary to leave a 10% tip at restaurants, cafes, and bars if you’re satisfied with the service. In some cases, a service charge may already be included in the bill, so it’s worth checking before leaving an additional tip.
In conclusion,
When visiting Prague, it’s crucial to familiarize yourself with the local currency – Czech koruna (CZK). Remember to exchange your money at reliable sources, carry cash for smaller establishments, and be mindful of tipping etiquette. By understanding the currency used in Prague, you’ll have a more enjoyable and hassle-free experience during your visit.