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
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What Currencies Can You Use for Payment?
As the official currency, the Czech crown is the best and often the only currency that can be used for payment. 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. Check the exchange rate that’s being used in such cases.
Money Tips for Travelers
• 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.