What Is Prague Money Called?

By Alice Nichols

Are you planning to visit Prague and wondering what the local currency is called? Well, you’re in luck! In this article, we’ll explore the currency of Prague and provide you with all the information you need.

What is the currency of Prague?

The official currency of Prague is the Czech crown or koruna in Czech. The international code for the Czech crown is CZK. The symbol for the Czech crown is Kč.

What are the denominations of Czech crowns?

Czech crowns come in different denominations, including banknotes and coins. Here’s a breakdown of each denomination:

Banknotes

  • 100 Kč
  • 200 Kč
  • 500 Kč
  • 1000 Kč
  • 2000 Kč
  • 5000 Kč

Coins

  • 1 Kč
  • 2 Kč
  • 5 Kč
  • 10 Kč
  • 20 Kč
  • 50 Kč

Is it better to use cash or card in Prague?

While many places in Prague do accept credit cards, it’s always a good idea to have some cash on hand. Smaller establishments such as cafes, street vendors, and small shops may only accept cash payments.

It’s also worth noting that some places may charge an additional fee for credit card transactions. Therefore, it’s always a good idea to ask before making a payment.

Where can I exchange money in Prague?

You can exchange money at several locations in Prague, including exchange offices, banks, and ATMs. It’s important to be cautious when exchanging money as some exchange offices may charge high fees or offer unfavorable exchange rates.

To ensure you get a fair rate, it’s best to compare rates between different locations and ask for the total amount you’ll receive after all fees have been deducted.

Conclusion

In conclusion, the currency of Prague is the Czech crown or koruna in Czech. This currency comes in different denominations including banknotes and coins.

While credit cards are widely accepted in Prague, it’s always a good idea to have some cash on hand for smaller establishments. When exchanging money, be sure to compare rates and ask about additional fees to ensure you get a fair deal.