In the beautiful city of Prague, the capital of the Czech Republic, you might be wondering what the local currency is called. Well, look no further! In this article, we will explore the fascinating world of Prague’s money and its unique characteristics.
Prague’s Currency: The Czech Koruna
If you plan to visit Prague, it’s essential to familiarize yourself with the local currency. In Prague, the official currency is called the Czech Koruna (CZK). The word “koruna” translates to “crown” in English.
Symbol and Code
The symbol for the Czech Koruna is Kč. It is derived from the Latin word “korona,” which means crown. You will often see this symbol used in monetary transactions and on price tags throughout Prague.
When it comes to currency codes, every currency has its unique three-letter code. For the Czech Koruna, it is CZK. This code helps identify and differentiate currencies when conducting international transactions.
Banknotes and Coins
The Czech Koruna is available in both banknotes and coins. Banknotes come in denominations of 100, 200, 500, 1000, 2000, and 5000 CZK. Each banknote features a renowned figure from Czech history or culture on one side.
- 100 CZK: Features writer Božena Němcová
- 200 CZK: Features painter Alfons Mucha
- 500 CZK: Features educator Jan Amos Komenský (Comenius)
- 1000 CZK: Features Holy Roman Emperor and King of Bohemia Charles IV
- 2000 CZK: Features the first president of Czechoslovakia, Tomáš Garrigue Masaryk
- 5000 CZK: Features the religious reformer Jan Hus
In addition to banknotes, there are also coins available in denominations of 1, 2, 5, 10, 20, and 50 CZK. Each coin showcases various Czech landmarks and historical figures.
Where to Exchange Currency in Prague?
If you need to exchange your currency for Czech Koruna while in Prague, you’ll find numerous exchange offices (called “směnárna”) throughout the city. It’s important to compare exchange rates and fees before making a transaction to ensure you get the best deal.
You can also withdraw cash from ATMs located in banks or other convenient locations. Be sure to check with your bank regarding any international withdrawal fees that may apply.
Tips for Handling Cash in Prague
- Keep Small Denominations: It’s advisable to keep smaller denominations handy for small purchases and public transportation fares.
- Beware of Counterfeit Notes: While Prague is generally a safe city, it’s always good practice to be cautious when handling cash. Familiarize yourself with the security features on Czech Koruna banknotes to avoid counterfeit money.
- Use Credit Cards Wisely: Credit cards are widely accepted in major establishments; however, it’s always useful to have some cash on hand for smaller businesses or places that may not accept cards.
Conclusion
Now that you know all about Prague’s currency, the Czech Koruna, you can confidently navigate the city and make your transactions with ease. Whether you’re strolling through Prague Castle or indulging in delicious Czech cuisine, understanding the local currency adds an extra layer of convenience to your travel experience.
So go ahead and explore the charming streets of Prague, knowing that you have a good grasp of its currency. Enjoy your time in this enchanting city!