Prague Currency Conversion

Prague is the capital of the Czech Republic and the currency used there is the koruna or Czech crown. This was adopted in 1993, when Czechoslovakia split into the Czech Republic and Slovakia. The code is CZK and the symbol is the Kč .
  1. Banknotes

    • The banknotes currently available are in denominations of 50, 100, 200, 500, 1000, 2000 and 5000 Kč.

    Coins

    • The coins currently available are in denominations of 1, 2, 5, 10, 20 and 50 Kč.

    Exchange Rate

    • The exchange rate as of July 24, 2009, was 1 USD to 17.904 CZK, or 1 euro to 25.475 CZK. The exchange rate for both the U.S. dollar and the euro are found on the home page of the Czech National Bank's website.

    Euro Switch

    • The Czech Republic is a member of the European Union, but it has not adopted the euro. At present the country does not have a target date for adoption of the euro.

    Where to Change Money

    • While some large hotels, shops and restaurants in tourist areas may accept the euro, you should exchange at least some money into the Czech crown when traveling in the Czech Republic. Exchanges can be made in banks and currency exchanges; check the exchange rate as some are not competitive. Often a sign of zero commission encourages people to exchange at a given site. Beware, though: zero commission does not mean you'll find a good exchange rate. The easiest way to obtain Czech crowns is to withdraw the money out of an ATM. ATMs are widely available and offer an excellent exchange rate. However, you may want to check with your bank beforehand to see what, if any, charges apply.

    Credit Cards

    • Most major credit cards are accepted in large hotels, international shops and expensive restaurants in Prague.

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