Abaka Hotel database Czech Republic Guide
Money and finance
Other sections of the Czech Republic travel guide
Accommodation
Maps
Transport
Weather
Culture
History
Telecommunications
Politics
The Czech currency - Česká koruna
Ceska koruna - Czech crown The Czech crown or CZK (Česká koruna or Kč) is made up of 100 hallers (haléřů). Notes are printed in 5,000 Kč, 2000 Kč, 1000 Kč, 500 Kč, 100 Kč, 50 Kč, and 20 Kč denominations (see pictures of Czech banknotes). Coins come in 50, 20, 10, 5, 2, 1 Kč and 50, 20, 10 h denominations.

Czech crown is fully convertible since 1991. Current exchange rates to major world currencies are published daily by the Czech National Bank. You can use the following approximate rates when calculating your spending:

Kurzovní lístek na den (zdroj Česká Národní Banka):
1EUR 23.58CZK 1USD 15.04CZK 1GBP 29.88CZK

Credit and debit cards
Credit and debit cards - such as Visa, Mastercard and Amex - are now widely accepted in most Prague shops, restaurants and petrol stations. Outside Prague you may still experience problems in smaller shops and it is still advisable to have some cash at hand.

Changing money
Travellers cheques in pounds sterling, US dollars and Deutschmarks can be exchanged at all banks and numerous exchange bureaux. Travellers cheques are also accepted by major hotels and large souvenir shops. Commission at banks (typically 2%) is much lower than at exchange bureaux, where the commission may be up to 6%. Some exchange bureaux charge no commission but the exchange rates are set such that they don't offer a good deal unless you change just a small sum.

Banking
Komerční banka 'Bank of Commerce' one of the largest Czech banks
Československá Obchodni Banka (ČSOB) - 'Czechoslovak Mechant Bank' provides a very good customer service
Česká Spořitelna - 'Czech Savings Bank'

HOME PAGE CZECH REPUBLIC PRAGUE

© Abaka Hotel Database, 1996-2003
Contact:database@abaka.com
Last Updated:Saturday, 09-Aug-2003 06:30:39 EDT
Visited  times since December 06, 1999