Money in Prague: Currency, Exchange Offices and Paying by Card
Where to Exchange Money in Prague: Best Currency Exchange Offices (EUR & USD)
Where to Exchange Money in Prague (EUR, USD → Czech Koruna)
If you’re visiting Prague, one of the first practical questions is how to get Czech koruna (CZK). While cards are widely accepted, you may still need cash for small shops, markets, public toilets, or local services.
The most important tip: avoid exchanging money at the airport or in tourist traps in the Old Town. Instead, use trusted exchange offices in the city center.
Best currency exchange offices in Prague
These two exchange offices in New Town (Nové Město) are known for fair rates and transparent service:
- Capital Exchange s.r.o. — Jindřišská 12, Prague
- Change RYM s.r.o. — Panská 6, Prague
Both are centrally located and easy to reach from the main tourist areas.
Exchanging money in the city center usually gives you a much better rate than exchanging before traveling or at the airport.
Should you exchange money before arriving in Prague?
In most cases, no.
Banks and exchange offices outside the Czech Republic often offer poor rates for Czech koruna, since it is not a widely traded currency abroad.
You will usually get a better value by exchanging euros or US dollars in Prague.
Paying by card in Prague
Prague is very card-friendly. Most places accept:
- Visa
- Mastercard
- Apple Pay / Google Pay
You can pay by card in:
- restaurants
- hotels
- supermarkets
- public transport ticket machines
- shopping centers
Still, carrying a small amount of cash in Czech koruna is recommended.
Tips for exchanging money in Prague
- Compare exchange rates before changing money
- Avoid exchange offices advertising “0% commission” without checking the rate
- Don’t exchange money on the street
- Decline “dynamic currency conversion” when paying by card
- Exchange only what you need
These simple steps help you avoid the classic currency exchange scams in Prague.
Conclusion
Exchanging money in Prague is easy if you know where to go. The safest approach is to bring euros or US dollars and exchange them in reputable exchange offices in the city center.
Since most businesses accept cards, you only need a small amount of Czech koruna in cash for everyday situations. Planning your currency exchange ahead of time will help you avoid unnecessary fees and enjoy your trip to Prague with peace of mind.