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Money Exchange, ATMs

Money may be changed at the airport, train stations, in banks, in major hotels (but offering poor rates), and in the centre of Prague at numerous exchange offices. Usually Prague banks charge lower fees (commission around 2 per cent) for currency exchange than bureaux de change and hotels in the city. Before you hand over your money confirm the exchange rate and commission charges, as once the transaction is proceeding it is hard to negotiate a reversal of the transaction. If someone approaches you on the street and offers you a good exchange rate you might get counterfeit notes. We highly recommend Xchange on the corner of Kaprova and Maiselova Streets where you definitely get the best rate (near the Old Town Square just behind St. Nicholas Church).

Legal tenders – Crown (Kc = Koruna ceska = Czech crown; CZK)

Coins – CZK 1, 2, 5, 10, 20, 50

Banknotes – CZK 100, 200, 500, 1000, 2000, 5000

Czech National Bank – official exchange rates

ATMs, Cash

Credit Cards

Travellers Cheques

Sending and Receiving Money

eXchange.cz and Exchange 8 – the best Czech exchange offices in Prague centre

Exchange.cz and Exchange 8 in Prague centre differ from other exchange offices more than you can imagine. Of course everybody is interested in the price for which money is sold or bought. And here we experienced our first pleasant surprise.

Czech Banknotes

The face sides of banknotes have portraits of famous personalities from Czech history.

Where to get best exchange rate in Prague?

Our readers recommend this eXchange office in Prague. If wish to exchange money regularly, you can ask them for VIP card.

Money exchange scums

I must warn the tourists in Prague and other big cities about the pathetic scums who prey on unsuspecting bargain seeking/ greedy Dollar/Euro/Pound Sterling carrying people by offering them a rate sufficiently above the rates offered at other office ...

Money, Costs and Budget in Prague

Is Prague an expensive city to visit? Apart from accommodation prices, city centre restaurants and other tourist attractions, Prague is still quite cheap compared to other EU countries. An average tourist will spend around 1700 CZK (70 EUR) per person per day.

Money Exchange in Prague

The cheapest option is to withdraw money from a ATM, as there's no charge or commission. Most private exchange offices in Prague charge commission of up to 10% and they will advertise higher exchange rates, hoping customers will not realise there is a high commission fee.

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