Prague is a fantastic city to explore, but when it comes to exchanging money, a little know-how goes a long way toward saving you stress—and a few extra crowns in your pocket. Here’s your friendly, up-to-date guide to getting the best rates, staying safe, and making the most of your cash in 2025.
What’s the Exchange Rate in 2025?
As of summer 2025, the fair rate for 1 euro is around 24.50 – 25 CZK, and for 1 USD it’s about 21 – 22 CZK. Rates can shift daily, so it’s always smart to check the current rate before you exchange.
Should I Use Cash or Card?
Prague is very card-friendly—most shops, restaurants, and even public transport accept cards. But for small purchases, local markets, clubs, or some museums, having a bit of cash is still handy. You don’t need to carry much; 50–100 euros’ worth of crowns is usually enough for a short trip.
Best Places to Exchange Money
Skip the airport, train station, and street exchangers—these often have poor rates or hidden fees. Instead, head to one of these reliable, centrally located offices known for fair rates and transparent service:
- Exchange.cz – Kaprova 14/13 (near Old Town Square, open daily 9:00–20:00)
- Royal Exchange – Břehová 208/8 (open daily 10:00–20:00)
- Golden Exchange – Na Poříčí 1063/33 (open 8:30–19:30)
- Xchange Grossmann – Krakovská 18/1 (open 10:00–18:00, closed Sundays)
- Capital Exchange – Jindřišská 12 (open 10:00–19:00)
- MI RYMAS Exchange – Václavské náměstí 832/19 (open daily 8:00–21:00)
These offices are trusted by locals and travelers alike for their honest rates and no-nonsense service.
Using ATMs
If you prefer to withdraw cash, use ATMs from major Czech banks like Raiffeisenbank, Komerční banka, Česká spořitelna, ČSOB, or mBank. These are widely available and generally offer fair rates. If you have a Revolut or Wise card, you can often withdraw fee-free at these banks. Avoid independent ATMs (like Euronet), which charge high fees and may offer poor conversion rates.
Top Tips for Safe Currency Exchange
- Check the rate: Always check the official rate online before exchanging.
- Ask upfront: Confirm the final amount you’ll receive after all fees—don’t be shy to ask!
- Read the receipt: Make sure you get a detailed receipt with the date and time.
- No fees allowed: By law, exchange offices can’t charge extra commission—everything must be included in the rate.
- Refund rights: If you realize you got a bad deal or less money than expected, you have the legal right to return to the same exchange office within 3 hours (with your receipt) and request a full refund—no questions asked, up to 1,000 EUR. This is a great safety net if something feels off!
- Avoid street changers: Never exchange money with people on the street—counterfeit bills and scams are common.
How Much Cash Do I Need?
Most visitors find that exchanging a small amount (50–100 euros or dollars) is more than enough for daily expenses like snacks, public toilets, or small souvenirs. For everything else, cards are widely accepted.
Need Help? We’ve Got You!
If you’re staying with us at Plus Prague, our reception team is always happy to help you find the best exchange office, check rates, or answer any questions about money matters. We want your Prague experience to be smooth, safe, and stress-free—so you can focus on enjoying the city!
Book your stay at Plus Prague and let us help you make the most of every crown. Happy travels and see you soon!