If you’re planning a trip to Prague, a common question is, "How much cash should I bring?" While Prague is a modern city with widespread card acceptance, having some cash on hand is advisable for small purchases, transportation, and local markets. A reasonable amount is around 2,000 to 3,000 Czech korunas (CZK) for a week, but this depends on your spending habits.
How Much Cash Do You Need in Prague?
When visiting Prague, it’s crucial to balance having enough cash for convenience while relying on cards for larger purchases. Here’s a breakdown of typical expenses:
- Meals: Street food and casual dining range from 100 to 300 CZK.
- Transportation: Public transit tickets cost about 24 to 110 CZK.
- Attractions: Entry fees for museums and landmarks are typically 100 to 300 CZK.
- Souvenirs: Prices vary widely, but small items often cost 50 to 200 CZK.
Why Carry Cash in Prague?
While credit cards are widely accepted in Prague, some situations require cash:
- Small businesses: Local markets and small restaurants may prefer cash.
- Public transport: Some ticket machines and buses only accept cash.
- Tipping: Although not mandatory, leaving a tip in cash is customary.
How to Obtain Czech Korunas
Before arriving in Prague, consider how you’ll obtain Czech korunas:
- ATMs: Widely available and often offer competitive exchange rates.
- Currency exchange: Exchange offices are common but compare rates to avoid high fees.
- Banks: Generally reliable for currency exchange, though fees may apply.
Budgeting for Your Prague Trip
To determine how much cash you’ll need, consider your travel style and planned activities. Here’s a sample budget for a day in Prague:
| Expense | Budget Traveler | Mid-Range Traveler | Luxury Traveler |
|---|---|---|---|
| Meals | 300 CZK | 600 CZK | 1,500 CZK |
| Transportation | 100 CZK | 200 CZK | 500 CZK |
| Attractions | 150 CZK | 300 CZK | 600 CZK |
| Souvenirs | 100 CZK | 300 CZK | 500 CZK |
| Total | 650 CZK | 1,400 CZK | 3,100 CZK |
Tips for Managing Cash in Prague
- Use a money belt: Keep your cash secure, especially in crowded areas.
- Break large bills: Carry small denominations for convenience.
- Avoid unnecessary exchanges: Plan your withdrawals to minimize fees.
People Also Ask
What is the best way to pay in Prague?
Credit and debit cards are widely accepted in Prague, especially in hotels, restaurants, and shops. However, carrying some cash is useful for small vendors, public transport, and tipping.
Is it better to exchange money before traveling to Prague?
Exchanging a small amount before traveling can be helpful, but using ATMs in Prague often provides better rates. Be sure to notify your bank of your travel plans to avoid any issues.
How much should I tip in Prague?
Tipping 5-10% of the bill is customary in Prague. It’s polite to leave the tip in cash, even if you pay by card.
Are there any currency exchange scams in Prague?
While most exchange offices are legitimate, some may charge high fees or offer poor rates. Always check the exchange rate and fees before proceeding with a transaction.
Can I use euros in Prague?
While some places in Prague accept euros, it’s more cost-effective to use Czech korunas. Using local currency avoids unfavorable exchange rates and ensures you can pay for all services.
Conclusion
Bringing the right amount of cash to Prague enhances your travel experience by ensuring you can easily navigate small purchases and local transactions. While credit cards are convenient for larger expenses, having 2,000 to 3,000 CZK in cash is a practical choice. Plan your budget based on your travel style and enjoy everything this beautiful city has to offer. For more travel tips, consider reading about public transportation in Prague or top attractions in the city.
