What Money Should I Take to Prague?
Planning a trip to Prague? One of the most important aspects to consider is what money to take with you.
While the Czech Republic is a member of the European Union, its currency is not the Euro. The official currency in Prague is the Czech koruna (CZK). Here are some tips on what money you should take when visiting this beautiful city:
Czech Koruna (CZK)
The Czech koruna is the official currency of Prague and it’s always a good idea to have some local currency on hand. Most places in Prague accept major credit cards, but having cash will come in handy for small businesses, street vendors, and public transportation.
Exchanging Currency
Before your trip, it’s advisable to exchange some money into Czech koruna. You can do this at your local bank or at currency exchange offices in your home country. However, keep in mind that exchanging money at airports or tourist areas may result in higher fees and less favorable exchange rates.
ATMs
Once you arrive in Prague, you’ll find ATMs conveniently located throughout the city. This is often one of the most convenient ways to obtain local currency.
However, be aware that some ATMs may charge additional fees for international transactions. Check with your bank beforehand to see if they have any partner banks in Prague that offer fee-free withdrawals.
Credit Cards
Credit cards are widely accepted in most establishments in Prague, including hotels, restaurants, and shops. It’s always a good idea to carry at least one major credit card with you for emergencies or larger purchases. Just make sure to notify your bank about your travel plans so they don’t flag your card for suspicious activity.
Foreign Currency
If you’re unable to exchange your money into Czech koruna before your trip, you can still use foreign currency such as the Euro or US dollar in some places, especially in tourist areas. However, be aware that you may receive change in Czech koruna and the exchange rate may not be as favorable.
Tipping
Tipping is customary in Prague, but it’s not mandatory. It’s common to leave a tip of around 10% of the total bill at restaurants and cafes if you’re satisfied with the service. You can also round up the bill or leave small change for taxi drivers and hotel staff.
Summary
When visiting Prague, it’s recommended to have some local currency (Czech koruna) on hand for small businesses and public transportation. Exchange currency before your trip or use ATMs once you arrive.
Credit cards are widely accepted but notify your bank beforehand. You can also use foreign currency in some places, but expect change in Czech koruna. Lastly, tipping is customary but not mandatory.
By following these tips, you’ll ensure that you have the right money to fully enjoy your trip to Prague!