Are you planning a trip to Prague? One of the most important things to consider is what currency to take with you. Here’s a guide to help you make the right choice.
What is the Currency in Prague?
The official currency of the Czech Republic, including Prague, is the Czech koruna (CZK). It’s also sometimes referred to as the Czech crown.
Should You Exchange Money Before Your Trip?
It’s always a good idea to have some local currency on hand when you arrive at your destination. However, exchanging money before your trip can be expensive due to high exchange rates and fees.
Instead, it’s best to withdraw money from an ATM once you arrive in Prague. ATMs are widely available throughout the city and provide a competitive exchange rate. Just make sure to check with your bank beforehand about any fees for international withdrawals.
Can You Use Euros in Prague?
While some businesses in Prague may accept euros as payment, it’s not recommended. You’re likely to receive change in Czech koruna, which means you’ll be losing out on money due to unfavorable exchange rates.
It’s best to stick with using Czech koruna for all transactions while you’re in Prague.
Where Can You Exchange Money in Prague?
If you do need to exchange money while in Prague, it’s best to avoid exchanging money at airports or train stations as they often have higher fees and poorer exchange rates.
Instead, look for reputable currency exchange offices throughout the city center. These will often have better rates and lower fees than those found at tourist hotspots.
Tips for Exchanging Money
- Always check the exchange rate before exchanging money.
- Avoid exchanging large sums of money at once as this can attract attention from pickpockets.
- Never exchange money with individuals on the street as this is both illegal and unsafe.
Conclusion
In summary, the best currency to take to Prague is Czech koruna. It’s recommended to withdraw money from an ATM once you arrive and avoid exchanging money at airports or train stations.
Stick with using Czech koruna for all transactions and look for reputable currency exchange offices if you do need to exchange money. By following these tips, you can ensure that your trip to Prague is both safe and cost-effective.
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