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Money, Exchange, Payment

08 Nov

Money

The official currency used in the Czech Republic is Czech Crown (CZK). One Crown is divided into 100 hellers,  but he smallest coin we use is 1 Crown. Our banknotes are in following denominations: 50, 100, 200, 500, 1000, 2000 and 5000 CZK; the coins are 1, 2, 5, 10, 20 and 50 CZK.

Especially in supermarkets you can see prices ending with some hellers, but at the end the total amount is round off to whole Crowns.

Although our official currency is CZK you can pay in EUR at many places. For example in restaurants, tourist offices, travel agencies, souvenir shops, etc.  The exchange rate is usually good in these places, but it is better to make sure before.

During your stay you will for sure need to have some amount in CZK. To exchange money you should always use only exchange offices or banks. Never change money on the streets! There are many exchange offices, especially in the center of Prague. Most of them have good exchange rates, better than banks. But before changing the money you should ask for the exchange rate, which will be used for your transaction. Simply ask how much CZK you will get for 100 EUR and you will know if the exchange rate is good or not. Most of the exchange offices have 0% commission, but the good exchange rate, which is announced outside, is used only for changing bigger amounts of money…

In the Czech republic you will find a dense network of ATMs (cash machines) which will accept all major credit and debit cards (Visa, MasterCard, Plus, Maestro, Cirrus and others). The majority of shops and restaurants also accept cards.
Emergency numbers if you lose your card:
AMEX: +420 222 800 111
Visa: +420 224 125 353
EC/MC: +420 261 354 650
Diners Club: +420 267 314 485


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1 Comment

Posted by on November 8, 2010 in Useful information

 

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