Prague, the capital city of Czech Republic, is a popular tourist destination known for its rich history, stunning architecture, and vibrant culture. If you’re planning a trip to Prague, one important aspect to consider is the currency used in the city.
Prague Currency
The official currency of Prague is the Czech koruna (CZK). The koruna is abbreviated as Kč and is further divided into smaller units called haler or haléř. However, due to inflation and financial changes over the years, haler coins are no longer in active circulation.
Currency Exchange
If you’re visiting Prague from another country, it’s essential to exchange your currency for Czech koruna. The most convenient option is to exchange your money at local exchange offices or banks. It’s advisable to compare rates and fees offered by different exchange places to ensure you get the best deal.
Accepted Payment Methods
In Prague, cash is widely accepted and preferred by many establishments such as restaurants, cafes, and small shops. However, larger establishments like hotels and major retail stores also accept credit cards such as Visa and Mastercard. It’s always a good idea to carry a small amount of cash for smaller purchases or when visiting local markets.
Tipping Etiquette
Tipping in Prague follows similar customs as other European countries. It’s customary to leave a gratuity for good service at restaurants, cafes, and bars.
Typically, rounding up the bill or leaving 10% of the total amount is considered appropriate. However, it’s important to note that tipping in other establishments like fast-food joints or public transportation isn’t expected.
Useful Tips
- ATMs: ATMs are widely available throughout Prague, making it convenient to withdraw cash in the local currency. Make sure to check with your bank regarding any international withdrawal fees.
- Currency Conversion: Be cautious when exchanging currency on the street or at unauthorized exchange places, as they may offer unfavorable rates or try to scam tourists.
- Foreign Exchange Bureaus: Look for exchange offices that prominently display the “Exchange” sign and have competitive rates. Avoid those that don’t display rates clearly or charge high commissions.
In Conclusion
Now that you know the currency of Prague is the Czech koruna (CZK) and have some tips on exchanging money and payment methods, you’re better prepared for your trip. Remember to keep some cash handy for smaller purchases, be mindful of tipping customs, and utilize ATMs or reputable exchange offices for currency conversion. Enjoy exploring this beautiful city without any currency-related worries!