What Money Is Used in Prague?
When traveling to Prague, it’s essential to know what currency is used in the city to ensure a smooth and hassle-free experience. In Prague, the official currency is the Czech koruna (CZK).
While some places may accept euros or other major currencies, it’s always best to have the local currency on hand.
The Czech Koruna
The Czech koruna, denoted by the symbol “Kč,” is divided into 100 haléřů. Banknotes come in denominations of 100, 200, 500, 1000, 2000, and 5000 korunas.
Coins are available in values of 1, 2, 5, 10, 20, and 50 korunas.
- Banknotes: The banknotes in circulation feature prominent figures from Czech history and landmarks.
- Coins: The coins bear various designs representing important symbols and historical figures.
Exchanging Currency
To get Czech korunas for your trip to Prague, you can exchange your home currency at banks or authorized exchange offices throughout the city. It’s advisable to compare exchange rates among different places before making a transaction to get the best deal. Additionally:
- Banks: Banks usually offer competitive rates for exchanging money. However, they often have limited opening hours and may charge higher fees.
- Exchange Offices: Exchange offices are more accessible and have longer operating hours compared to banks. Look for those that display “Bez poplatku” signs, which means no commission fees.
Using Credit Cards and ATMs
Prague is a modern city where credit cards are widely accepted in hotels, restaurants, and most tourist establishments. However, it’s always advisable to carry some cash for smaller vendors or places that may not accept cards.
ATMs are readily available throughout Prague, allowing you to withdraw Czech korunas using your debit or credit card. Keep in mind that some ATMs charge additional fees for international transactions, so check with your bank beforehand to understand any potential charges.
Tipping in Prague
Tipping is customary in Prague, and it’s polite to show appreciation for good service. Typically, you can round up the bill or leave a 10% tip at restaurants and cafes.
In bars, it’s common to give a small tip directly to the bartender.
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