The currency in Prague is the Czech Crown (CZK). Czech banknotes are issued in the following denominations: 100/200/500/1000/2000/5000. Some hotels, shops and restaurants accept Euros as well, but many only take Czech Crowns. Use the ATM of a bank not of a currency exchange company.
An average tourist will spend around 2500 CZK (100 EUR) per person per day . The lowest daily budget can be as low as 900 CZK if you stay at hostels, eat takeaways and use public transport. If you stay in private accommodation, eat at average restaurants but control your budget you can get by on 2500 CZK a day .
In the Czech Republic the major international debit and credit card brands MasterCard and VISA are commonly used. Some individual banks do support online bank transfers whereby the shopper completes payment through their own trusted bank environment. These type of payment method is often referred to as ‘ pay -by-links’.
While being in Prague , you can use Czech Koruna (CZK), which is also known as Czech Crown, for any of your payments. Euros are accepted at some establishments but with low exchange rates. So, it is much better if you use korunas rather than euros.
Based on the spending habits of previous travelers, when dining out an average meal in Prague should cost around Kč196 per person. Breakfast prices are usually a little cheaper than lunch or dinner . The price of food in sit-down restaurants in Prague is often higher than fast food prices or street food prices .
Prague can be a very cheap city to visit but it can also be very expensive . It depends where you pull out your wallet. Because there are so many tourists and almost all of them visit the same few sites, it is just good business sense for a shop or restaurant owner to raise their prices and collect as much as they can.
Examples of food prices in a tourist restaurant in the center of Prague . Steaks 7,9 USD = 170 CZK per 200gr. Salads 5,1 – 8,9 USD = 110 – 190 CZK for 200-400gr. Dishes with fish 7,9 – 10,7 USD = 170 – 230 CZK per 200g.
For most of the tourists (I mean especially western Europeans, US) Prague should be cheaper (probably much cheaper ) than at home. But be careful, there are many places where they want your money and don’t shy to ask for two or three times higher prices than is common.
A typical Czech breakfast consists of a slice of rye bread or a roll (rohlík) with a spread such as butter, jelly, or honey, or perhaps a slice of cheese or meat such as salami or ham. This versatile meal is an incredibly popular way to begin the day in the Czech Republic.
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Tipping is not required for taxi services in the Czech Republic . However, if you have a driver that has been helpful you may wish to round up the fare. If you decide to do this just tell the driver the total amount you wish to pay.
Tipping in restaurants is the norm. But you , a tourist, should tip around 10% – 15%. For an average meal it is simplest to round up to the nearest 20 CZK or 100 CZK. A meal for two with a couple of beers will cost around 270 CZK – give the waiter 300 CZK and he will not frown or imagine you in a coffin.
The Prague airport is located about 15 km/9 miles from the city center . It takes approximately 25 – 30 minutes (40 minutes in heavy traffic) to reach the center by car and about 30 minutes on public transport (bus + subway).