City Centre ATMs: Czech and international banks such as Česká spořitelna and Komerční banka are most prevalent around Wenceslas Square, and all have ATMs. There are several banks with ATMs on Republic Square, near Palladium Shopping Centre.
Using Credit cards and Debit cards in Czech Republic Cash machines in Czech Republic will accept credit and debit cards backed by Visa, Mastercard/Eurocard, Maestro and American Express. Most local shops and cheap restaurants won’t accept credit cards so always carry cash.
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.
As the official currency, the Czech crown is the best and often the only possible currency to use when paying. 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 but the exchange rate may not be very favorable.
Top 10 Things to Avoid in Prague Sightseeing. Wasting Time Waiting for the Cuckoo. Charles Bridge in the Middle of the Day. Getting around. Getting Pickpocketed on the 22 Tram. Getting Ripped off by Taxis. Shopping and money. Tacky Souvenir Shops. Rip-off Exchange Offices. U Fleku’s Pushy Waiters. Wenceslas Square Sausages. Restaurants on Old Town Square.
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.
The rate of violent crime is low and most areas of Prague are safe to walk around even after dark. Be careful on Wenceslas Square. It is usually packed with tourists and the crowds make things easy for pickpockets. There have also been cases of trusting “love-seekers” being robbed of all their money at night .
Other countries that can toast the new year on the cheap include New Zealand, the Czech Republic , and Germany. That the Czech Republic’s beer is cheaper than water in most bars led its health minister to call on restaurants and bars to offer at least one beverage at a lower cost than beer .
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.
Tipping in restaurants is the norm. There are still a few Czechs stuck to old ways refusing to tip (usually the older generation). At most they will round to the nearest 10 CZK – a bill for 292 CZK will earn the waiter 300 CZK (a 25 cent tip for $15 meal ). But you , a tourist, should tip around 10% – 15%.
Are you looking at sampling the best food Prague has to offer? From traditional goulash to pickled cheese, this is what to eat in Prague! Trdelník (chimney cake) Chlebíčky (an open-faced sandwich) Goulash . Grilované klobásy (grilled sausage) Palačinky (Czech pancakes) Svíčková (braised beef ) with dumplings .
You should plan to spend around Kč1,945 ($91) per day on your vacation in the Czech Republic, which is the average daily price based on the expenses of other visitors.