Whatʼs the currency in Prague; Czech Republic?
Prague, the capital city of the Czech Republic, has its own currency called the Czech koruna (CZK). The koruna is also the official currency of the entire Czech Republic. It is abbreviated as Kč and its symbol is the letter “K” crossed with a double horizontal stroke.
The Czech koruna is widely accepted throughout Prague, and it is always recommended to have local currency on hand for everyday transactions. While some tourist-oriented businesses may accept euros or other major currencies, the exchange rate might not be favorable, and you may receive change in Czech koruna.
FAQs:
1.
Can I use euros in Prague?
While some businesses may accept euros in Prague, it is always advisable to have Czech koruna for better convenience and to avoid potentially unfavorable exchange rates.
2.
Where can I exchange currency in Prague?
Currency exchange offices, known as “směnárna,” can be found throughout Prague, particularly in popular tourist areas. It is advisable to compare exchange rates and fees before making a transaction.
3.
Are credit cards widely accepted in Prague?
Yes, credit cards are widely accepted in most hotels, restaurants, and shops in Prague. However, it is always a good idea to carry some cash for smaller establishments or places that may not accept cards.
4.
Will ATMs in Prague dispense Czech koruna?
Yes, ATMs in Prague dispense Czech koruna. Make sure to inform your bank about your travel plans and check for any international withdrawal fees that may apply.
5.
What is the current exchange rate between Czech koruna and my currency?
Exchange rates fluctuate, so it is advisable to check the rates closer to your travel dates. Various online currency converters provide up-to-date exchange rates.
6.
Is it better to exchange money before arriving in Prague?
It depends on your preferences and time constraints. Exchanging a small amount of Czech koruna before arriving in Prague can be helpful for immediate expenses, but it is generally recommended to exchange the majority of your money within the country for better rates.
7.
Can I use traveler’s checks in Prague?
Although traveler’s checks are becoming less popular, some banks in Prague may still accept them. It is advisable to inquire in advance about their acceptance and any associated fees.
8.
Are there currency exchange offices at Prague Airport?
Yes, there are currency exchange offices at Prague Airport where you can exchange your money. However, it is important to compare rates and fees before making the exchange.
9.
Are there any restrictions on currency exchange in Prague?
There are no general restrictions on currency exchange in Prague for tourists. However, it is always recommended to exchange money at authorized establishments to ensure authenticity.
10.
Can I use mobile payment methods like Apple Pay or Google Pay in Prague?
While contactless payments and mobile payment methods like Apple Pay or Google Pay are increasingly accepted in Prague, it is still more common to pay with traditional methods such as credit cards or cash.
11.
Do I need to tip in Czech koruna?
Tipping is a common practice in Prague, and it is appreciated to tip in Czech koruna. However, some establishments may accept tips in major currencies or credit cards as well.
12.
Can I use leftover Czech koruna in other countries?
The Czech koruna is a non-convertible currency, meaning it cannot be exchanged outside of the Czech Republic. Therefore, it is advisable to spend or exchange any leftover Czech koruna before leaving the country.