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.
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.
At current exchange rates 1000 CZK = £34/€38/$48. The best exchange rate is usually obtained by withdrawing Czech Crowns from the cash machine (ATM) of a bank in Prague, even accounting for any transaction fees that your home bank may charge.
100 CAD to EUR = 64.0668 Euros .
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 .
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 .
How much money will you need for your trip to Prague ? You should plan to spend around Kč2,040 ($95) per day on your vacation in Prague , which is the average daily price based on the expenses of other visitors.
Tipping in restaurants is the norm. But you , a tourist, should tip around 10% – 15%. For an average meal it is simplest to round up to the nearest 20 CZK or 100 CZK. A meal for two with a couple of beers will cost around 270 CZK – give the waiter 300 CZK and he will not frown or imagine you in a coffin.
Prague can be a very cheap city to visit but it can also be very expensive . It depends where you pull out your wallet. Because there are so many tourists and almost all of them visit the same few sites, it is just good business sense for a shop or restaurant owner to raise their prices and collect as much as they can.
Here are a few local Prague purchases to give you an idea of local item prices in Prague:
|THE PRICE OF:||PRICE CZK||$USD|
|Classic Czech meal at restaurant- meat, sauce, dumplings||140||6.1|
|Large sausage, bun and mustard at Wenceslas Square||40||1.7|
|500 ml of beer draft ( pint )||35||1.5|
|750ml bottle of wine good enough to bring to party||160||7.0|
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.
The price of 1 package of Marlboro cigarettes in Prague is 111 Kč
Canadas economy is severely influenced by crude oil prices. When our dollar was at par and above it was because Saudia Arabia limited its oil production, thus raising the world crude oil prices making Canada more competitive in the market. As generally speaking for us to extract oil from the earth it costs more.
50 USD to EUR = 40.7749 Euros .
20 CAD to EUR = 12.8617 Euros .