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Money

  Czech Republic, Money

Currency: Koruna (Kc) or Crown = 100 haler. Notes are in denominations of Kc5000, 2000, 1000, 500, 200, 100, 50 and 20. Coins are in denominations of Kc50, 20, 10, 5, 2 and 1, and 50, 20 and 10 hellers.

Currency exchange: Foreign currency (including travellers cheques) can be exchanged at all bank branches and at authorised exchange offices, main hotels and road border crossings.

Credit & debit cards: Major cards such as American Express, Diners Club, Discover, Visa, MasterCard and others may be used to exchange currency and are also accepted in some hotels, restaurants and shops. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques: These are widely accepted. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars, Euros or Pounds Sterling.

Currency restrictions: The import and export of local currency is limited to Kc200,000 or 10 golden coins. The import and export of foreign currency is unlimited.

Exchange rate indicators: The following figures are included as a guide to the movements of the Koruna against Sterling and the US Dollar:
DateAug '04Nov '04Feb '05May '05
£1.00=46.9144.2243.8744.18
$1.00=25.4623.3523.2324.12


Banking hours: Generally Mon-Fri 0800-1800. Some banks close early on Fridays.