The “Czech crown” is the official currency of Czech Republic, and was since 1993 (dissolution of Czechoslovakia). There is a plan to adopt the euro but no change is expected soon to due political matters. 1 Czech crown consists of 100 “hellers”.
When changing currencies, always check the commission AND the spread (price difference between “buy” and “sell”). Some may advert “no commission” but will charge you a huge spread… it’s the same result at the end of the day !
Reliable currency exchange office in Prague
Some of the best rates in town can be found at these “bureau de change” :
Alfa Prague
Na Příkopě 23, Ovocný trh 12
Praha 1
+ 420 724 215 559
Check here their rates (the website page is only in Czech)
Eurochange
Opletalova 30
Praha 1
+ 420 224 243 614
Check here their rates (the website page is only in Czech)
Czech bank notes and coins
CZK notes : 50 / 100 / 200 / 500 / 1000 / 2000 /5000
–> Note that the 20 CZK note is not used any more
Click to view the Czech bank notes (Czech National Bank official website)
CZK coins : 1 / 2 /5 / 10 / 20 /50
–> Note that the 10, 20 and 50 hellers coins (or 0,1 / 0,2 and 0,5 CZK) are not used any more
Click to view the Czech coins (Czech National Bank official website)
To convert any currency against the Czech crown, you can easily use Yahoo currency converter
If you’re afraid of making mistakes or if you prefer to avoid changing currencies, you can still pay in euros (EUR) in many shops and restaurants all around the city center. They just might charge you a little bit more so try to check that before.