Currency

Currency

Although the Czech Republic is a member of the European Union, it is not so far a member of the Eurozone and for this reason, the euro is not the official currency here (yet despite this it is possible to exchange euro for the Czech currency without any problems).

The official currency in the Czech Republic is Czech crown.

  • Czech crown (česká koruna) – Czech symbol “Kč”, international symbol “CZK”
  • 1 CZK = 100 hellers, Czech symbol “h” – there are no longer heller coins in the Czech Republic
  • Coins: 1, 2, 5, 10, 20, 50 CZK
  • Banknotes: 100, 200, 500, 1000, 2000, 5000 CZK

Foreign currency exchange is available at the airport, banks, exchange offices and at the most hotels throughout the city. Major international payment cards are widely accepted for payment in hotels, restaurants and shops. Paying by cash in euro is also possible in some taxis, restaurants and shops, but the change will be returned in CZK. Do not change money on the street.

There are relatively large differences between exchange offices. Some of them do not charge a fee for the exchange, but have a worse exchange rate. Some exchange offices shall indicate an excellent exchange rate, but usually it is valid for exchange of a larger foreign currency amount.

Before you decide to change your money, read carefully all information (especially those that are written in small print below list of courses). The best idea is to first ask how much CZK you will get for your foreign currency amount and calculate the actual exchange rate yourself.

For the official exchange rates visit the Czech National Bank web site.
Exchange offices in Prague with a good exchange rate are e.g. eXchange and Alfa Prague (sorry, web sites in Czech language only).