Currency

The Czech koruna or Czech crown (K / CZK) is the Czech Republic's currency. Despite being a European Union member, the Czech Republic has yet to adopt the euro. 100, 200, 500, 1000, 2000, and 5000 CZK notes are available. Coins are available in denominations of 1, 2, 5, 10, 20, and 50 CZK.

In shops, restaurants, and hotels, credit cards are routinely accepted. Cash is required only by small enterprises such as newsstands, street sellers, and neighborhood shops. The most convenient way to receive Czech currency is through a bank-affiliated ATM machine. In addition, the city has a slew of exchange offices, both inside banks and on their own. Check the Czech National Bank's middle rate at www.cnb.cz to make sure the rate you are getting is reasonable. Exchange offices are not allowed to charge commissions on foreign exchange transactions, and each transaction must be accompanied by a printed receipt.