When traveling to a foreign country, it’s essential to be familiar with the local currency. If you’re planning a trip to Prague, the capital city of the Czech Republic, you might be wondering what the currency there is called. In Prague, the currency is called the Czech koruna.
The Czech Koruna
The Czech koruna, denoted by the symbol “CZK” or “Kč,” is the official currency of the Czech Republic. It has been in circulation since February 8th, 1993, after the dissolution of Czechoslovakia into two separate countries: Slovakia and the Czech Republic.
Banknotes and Coins
The Czech koruna is divided into banknotes and coins. Banknotes come in various denominations: 100 Kč, 200 Kč, 500 Kč, 1000 Kč, 2000 Kč, and 5000 Kč. Each banknote features famous personalities from Czech history on one side and significant landmarks on the other side.
The coins are available in different values: 1 Kč, 2 Kč, 5 Kč, 10 Kč, 20 Kč, and 50 Kč. The designs on these coins vary as well but often depict famous historical figures or landmarks.
Exchanging Currency
If you’re planning a trip to Prague or any other city in the Czech Republic, it’s crucial to know where you can exchange your money for Czech koruna. Currency exchange offices can be found throughout Prague’s city center and at popular tourist destinations.
It’s advisable to compare exchange rates before making any transactions to ensure you get a fair deal. Additionally, check for any fees or commissions that may be charged by the exchange office.
Using Credit Cards and ATMs
While it’s always good to have some cash on hand, credit cards are widely accepted in Prague. Most hotels, restaurants, and shops in tourist areas will accept major credit cards. However, it’s a good idea to carry some cash for smaller establishments or places that may not accept cards.
ATMs (Automatic Teller Machines) are readily available throughout Prague, allowing you to withdraw cash using your debit or credit card. It’s advisable to notify your bank before traveling to ensure your card will work abroad and to inquire about any foreign transaction fees that may be incurred.
Conclusion
In conclusion, when traveling to Prague, the local currency is called the Czech koruna. Familiarize yourself with the banknotes and coins before your trip, and consider exchanging some currency in advance or using ATMs upon arrival. With this knowledge, you’ll be ready to explore Prague’s beautiful landmarks, enjoy delicious Czech cuisine, and have a memorable experience in the heart of Europe!