most common currency used in Prague, Czech Republic
Jul 7th, 2013, 11:30 AM
#4
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Currency exchange in Prague is big business that is usually doesn't benefit the tourist. Actual need for Czech currency is exaggerated as most businesses (including supermarkets, restaurants, public transit, taxis, museums, etc) take CC. For example (from my experience in May) I got 2470Kč for 100€ from a bank (24.70Kč for 1€). When I got one of my CC bills rate was 25.70Kč for 1€. Same restaurant offered 22Kč for 1€ for customers paying in € cash. Billa supermarket was 24Kč for 1€.
Small amounts of Kč are still needed for small purchases (ice creams, street food, transit coin operated vending machines, etc)
Small amounts of Kč are still needed for small purchases (ice creams, street food, transit coin operated vending machines, etc)
Jul 7th, 2013, 01:04 PM
#5
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You should not bring any currency but go to an ATM machine upon arrival and get Czech Krona.
You should always use the official currency of the country you're visiting otherwise you'll get a bad exchange rate (at best) or be unable to buy things (at worst).
Imagine someone visiting your country and asking what is the best currency to use. What would you advise?
You should always use the official currency of the country you're visiting otherwise you'll get a bad exchange rate (at best) or be unable to buy things (at worst).
Imagine someone visiting your country and asking what is the best currency to use. What would you advise?
Jul 7th, 2013, 01:20 PM
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Make sure your bank has been advised by you, preferably twice, so your debit card will not be rejected at the ATM because of your bank's security measures (we tend to blame the overseas institutions like the bank that owns the ATM you're using, but it's more often your own bank back home that does the blocking of a "suspicious overseas transactions").
Also ask them to increase the daily withdrawal allowance in case of an emergency where cash speaks louder than anything else.
If you incur a charge of a few bucks from your bank per ATM transaction, it's still a good deal - just don't go every day for small amounts or those small fees will add up.
Be totally pickpocket-proof, not just for your cash - learn what's available at www.ricksteves.com and www.magellans.com and others, pick a device that works for you so that you don't have to worry about losing a wallet - you shouldn't have a regular wallet anyway.
Also ask them to increase the daily withdrawal allowance in case of an emergency where cash speaks louder than anything else.
If you incur a charge of a few bucks from your bank per ATM transaction, it's still a good deal - just don't go every day for small amounts or those small fees will add up.
Be totally pickpocket-proof, not just for your cash - learn what's available at www.ricksteves.com and www.magellans.com and others, pick a device that works for you so that you don't have to worry about losing a wallet - you shouldn't have a regular wallet anyway.
