The local currency is called the Czech Crown (česká koruna) or . The exchange rate at the present time (3/2019) is approximately 1 EUR = KČ 25.50 - 1 USD = KČ 21 KČ is divided into 100 haléř. The paper bills come in 5000, 2000, 1000, 500, 200, 100, 50 and 20 denominations. There are no haléř coins anymore and crown coins are 1, 2, 5, 10, 20 and 50.

It is not advisable to change money on the street with anyone. Sometimes strangers offer unusually high exchange rates to unsuspecting tourists who then end up with counterfeit currency or currency of a different country. Many places will take the EUR but no other currency.  Therefore, the best advise is to use your ATM card to get local currency as you need it. There are ATM machines on every corner.  Don’t forget your pin!  ATM machines will give you money in Czech Crowns already and your bank calculates the exchange. An ATM fee is charged as well but is similar to ATM charges in the USA.  Tipping can be done in any currency.

 Credit cards are accepted in most places, although not all. It is best to check with your guide in advance.