Czech Currency
The official currency of the Czech Republic is the Czech
crown (koruna), abbreviated as Kč,
with the international abbreviation CZK. 1 crown consists
of 100 hellers (haléř), abbreviated as hal. Heller
coins have not been in use since September 1, 2008, but hellers
are still incorporated into merchandise prices. The final price
is always rounded off to the nearest crown value.
The approximate
value of 100 CZK is 4 EUR/5 USD.
Coins: 1 Kč, 2 Kč, 5 Kč,
10 Kč, 20 Kč, 50 Kč View
Czech coins
Banknotes: 100 Kč, 200 Kč, 500
Kč, 1000 Kč, 2000 Kč, 5000 Kč View
Czech banknotes
As the official currency, the Czech
crown is the best and often the only possible currency
to use when paying. Although the Czech Republic
is part of the European Union, the euro is not widely accepted
here. Some stores, restaurants and hotels accept payments
in euros but the exchange rate may not be very favorable.
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• Always
change money in a bank or take cash out of ATM machines, which
are plentiful
in Prague and every larger town. ATM machines are a very convenient
way to get Czech crowns.
• Be
careful when using money exchange offices. Many of them
target
tourists, especially in Prague, and you may end up paying
a high commission or getting a bad rate without even knowing
about it.
• NEVER agree to changing money
on the street. If you do, you may end up being robbed or receiving other than Czech currency in return for your cash.
• Don't carry large amounts of cash
with you. Carry a credit card and take
money out of a cash machine
as you go. You can also use your card to make payments.
Major credit cards are accepted in most locations.
• Always try to pay in Czech
crowns. Even though euros are accepted at some stores and restaurants, the
exchange rate is not
always favorable. The change you receive will be in Czech crowns.
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