If you’re planning a trip to Prague, you might be wondering what currency you should take with you. It’s always wise to do some research beforehand to ensure that you have enough money for your trip and that you’re not wasting it on currency exchange fees.
The Czech Koruna (CZK)
The official currency of the Czech Republic is the Czech Koruna (CZK). You can’t use any other currency in most places in Prague, so it’s essential to get some CZK before your trip.
Where to Exchange Your Currency
There are many places where you can exchange your currency for CZK. You can do it at the airport, banks, exchange offices, or even withdraw them from ATMs. However, be mindful of the fees charged by these places as they can eat into your travel budget.
What Is the Best Option?
The best option is to withdraw money from ATMs in Prague. This option offers competitive exchange rates and minimal fees compared to other options. Most ATMs accept major credit and debit cards such as Visa and Mastercard, so ensure that your card works overseas before traveling.
Banks
If you prefer using banks for exchanging currencies, make sure that you compare different banks’ rates and fees beforehand. Banks usually charge higher fees than ATMs or exchange offices.
Exchange Offices
Exchange offices are convenient if you need cash quickly or don’t have access to an ATM; however, they generally charge higher fees than ATMs and banks. It’s essential to check their rates before exchanging any money.
Using Credit Cards in Prague
Most hotels, restaurants, and shops in Prague accept credit cards such as Visa and Mastercard; however, smaller businesses may only accept cash payments. Ensure that you always have some cash with you while exploring Prague.
The Bottom Line
In conclusion, the best currency to take to Prague is the Czech Koruna (CZK). The most cost-effective way to obtain CZK is by withdrawing it from ATMs in Prague.
However, make sure that you check your bank’s fees and exchange rates beforehand. Additionally, it’s a good idea to bring some cash with you as not all businesses accept credit cards. With these tips in mind, you’ll be able to enjoy your trip to Prague without having to worry about currency exchange fees or running out of cash.
9 Related Question Answers Found
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