Where Can I Exchange Euros in Prague?

By Anna Duncan

Are you planning a trip to Prague and wondering where you can exchange your Euros? Look no further! In this article, we will guide you through the best places to exchange your currency in the beautiful capital city of the Czech Republic.

1. Banks

If you prefer the convenience and reliability of exchanging your Euros at a bank, Prague has plenty of options. Most major banks in the city offer currency exchange services for both locals and tourists.

Tip: Before heading to a bank, it’s always a good idea to check their exchange rates online or give them a call to ensure they have Euros available for exchange.

2. Exchange Offices

If you’re looking for more competitive rates than those offered by banks, consider visiting an exchange office. These establishments are scattered throughout Prague and are known for their quick service and favorable rates.

Note: It’s important to be cautious when using exchange offices as some may charge high fees or have hidden costs. Look for reputable offices with good reviews from fellow travelers.

2.1 Old Town Square

The Old Town Square is a popular tourist spot with several currency exchange offices nearby. Here, you’ll find competitive rates due to the high competition among these establishments. However, it’s still essential to compare rates and fees before making any transactions.2 Wenceslas Square

Wenceslas Square is another bustling area in Prague that offers several currency exchange offices. This vibrant square is surrounded by shops, restaurants, and historical landmarks, making it a convenient place to exchange your Euros while exploring the city.

3. Hotels

If you prefer convenience over competitive rates, many hotels in Prague offer currency exchange services for their guests. While this option may not have the best rates, it can be a convenient choice if you’re staying in a hotel that provides this service.

4. ATMs

Using an ATM to withdraw local currency is often a convenient and cost-effective option. Prague has numerous ATMs where you can withdraw Czech korunas using your debit or credit card.

Note: Be aware of any fees your bank may charge for international withdrawals, and always choose reputable ATMs located in well-lit and secure areas.

5. Payment Cards

If you prefer to avoid carrying large amounts of cash, consider using your payment card whenever possible. Most establishments in Prague accept major credit and debit cards. However, it’s advisable to inform your bank about your travel plans to avoid any potential issues with card usage abroad.

Conclusion

In conclusion, Prague offers various options for exchanging Euros. Whether you choose banks for reliability, exchange offices for competitive rates, hotels for convenience, or ATMs and payment cards for flexibility, there is a suitable method to fulfill your currency exchange needs in this stunning city.

Remember: Always compare rates and fees before making any transactions to ensure you get the best value for your money!