Currency exchange in the capital of the Czech Republic can be very tricky. To avoid being ripped off, you should be on your guard and check out in advance where certified exchange offices are in Prague. Prahatrip has collected information about the best and the safest exchange offices for you.
The Czech Republic is in the process of introducing the euro as the national currency, so the money exchange system is now very flexible as here you can pay in three currencies. However, it would be best to exchange your money for crowns since they will be accepted even in the most remote parts of the city. But be careful with 20 and 50 crown bills. Now they are considered outdated and they are not valid anymore, but the catch is that some exchange offices still continue to use it. Keep it in mind and before you travel, remember the visual image of these bills and don’t hesitate to point out the mistake to the staff of the exchange office if they give it to you.
In the Czech Republic you can pay in crowns, euros and even dollars. However, the exchange fees for euros and dollars sometimes seem to be unreasonably unprofitable for you. You should have some dollars and euros though in case you are going on an excursion to other European countries, for example, to Austria. In the Czech Republic itself, it is better to pay in crowns.
Usually exchange offices are open from 10:00 to 20:00. The exchange rates are different everywhere, but the most profitable ones are considered exchange offices owned by immigrants from Arab countries. This happens because in many cases they work illegally and focus on a large tourist flow, so they provide services without commission. Addresses of reliable exchange offices used and approved by tourists and locals:
To avoid being ripped off, just follow these simple steps:
Now that you know how to exchange money in Prague without exorbitant fees and at a good rate you can start planning your travel program. We recommend starting with a sightseeing tour of Prague. It is perfect to relax and get distracted after all the exchange difficulties you have gone through. We have collected the best offers for tours in the Old and New Town to facilitate your traveling! You can check it out here.
