Euro to Czech Koruna

inna981

Hi,

My sister is travelling to Prague next week and she wants to change currency.
Would it be better/cheaper to get the money exchanged here or in Prague? Thanks.

Fred Swanson

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uck51js9zml2yt

If its anything like slovakia was pre euro, the exchange bureaus are controlled by the government.
I always found it easier to do it in the country.

Fred Swanson

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Mr rebel

Not sure why I didn't just use an ATM but when I was in Prague, I changed my money at a currency exchange desk at the airport over there on arrival but the woman behind the counter was quite reluctant to change more than €150 for some reason....you'd swear she was giving me the money for free or something.

Equium

There are a lot of dodgy/scamming bureaux de change in Prague. In my experience, Exchange,cz is by far the best and most honest place in the city to exchange Euro to Korona. It's located just north of Old Town Square on the corner of Kaprova and Maiselova streets. See the map below.

https://goo.gl/maps/kSYXaXzeMb32

I have found it to as cheap as withdrawing cash via ATMs on occasion.

On the subject of ATMs, don't use those found near the baggage carousels in the airport. They charge ridiculous commission on withdrawals. The same goes for many tourist-orientated machines not attached to an actual bank branch. I always use Raiffeisen Bank or Unicredit ATMs when I'm in the city and find them to be much more reasonable. My card wouldn't work with some of the local Czech banks such as CSOB and Česká spořitelna.

theteal

Get the Revolut app on her phone. Order a card through the app. Top up with euro on the app. Withdraw Koruna at any free ATM in Prague. It's commission free at the exact interbank rate. I've used it in Prague (among many other places) and it works a treat. If you run out of money while over there, just top it up again, all you need is a data/WiFi connection on your phone.

inna981

Thanks everyone

She left for Prague on Wednesday and brought her BOI card with her. She used it already there and no problems yet. I actually have a Revolut card and use it regularly but never thought of using it.

Thanks again everyone for your replies and suggestions

Fred Swanson

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