What Money Currency Is Used in Prague?

By Michael Ferguson

What Money Currency Is Used in Prague?

If you are planning a trip to Prague, it’s important to know what currency is used in the city, so you can be prepared with the right money. In Prague, the official currency is the Czech koruna (CZK), which is abbreviated as Kč. So, if you’re wondering whether you need to exchange your money before arriving or if you can use your credit card, keep reading to find out all the details!

Using Czech koruna (CZK)

The Czech koruna (CZK) is the only legal tender in Prague. It’s always a good idea to have some cash on hand when traveling, especially for small purchases and when visiting places that might not accept credit cards. While many tourist areas and larger establishments accept major credit cards, some local shops, markets, and smaller restaurants may only accept cash.

Exchange Rates

Before exchanging your currency to Czech koruna (CZK), it’s essential to check the current exchange rates. Exchange rates fluctuate daily, so it’s best to use a reliable currency converter or visit a trusted bank or exchange office for accurate rates. Avoid exchanging money at airports or touristy areas as they often have higher fees and less favorable rates.

Where to Exchange Money

In Prague, there are several options for exchanging your currency into Czech koruna (CZK). Here are some of the most common places:

  • Banks: Banks offer competitive rates but may charge higher fees.
  • Exchange Offices: These offices are widely available throughout Prague and often have longer opening hours compared to banks.
  • ATMs: ATMs can be found all over Prague, and they usually provide reasonable exchange rates. However, be aware of any potential withdrawal fees imposed by your home bank.

Important Tips:

1. Always carry some cash with you, especially for small purchases or places that don’t accept credit cards.

2.

Inform your bank before traveling to Prague to avoid any issues with using your credit or debit card.

3. Be cautious when using ATMs on the street to avoid card skimming scams. Opt for ATMs located inside banks or secure areas.

Final Thoughts

While Prague is a modern city that accepts major credit cards in many establishments, having some Czech koruna (CZK) on hand will ensure you can enjoy a hassle-free experience during your visit. Remember to research the current exchange rates and choose a reliable place for currency exchange to get the best value for your money.

Now that you know what currency is used in Prague and how to obtain it, you can confidently explore this beautiful city without worrying about payment methods!