The 5 Best Places to Exchange Money in Prague

Prague Travel Guides / November 17, 2016
The 5 Best Places to Exchange Money in Prague Image credit: rostislavsedlacek

While being in Prague, you can use Czech Koruna (CZK), which is also known as Czech Crown, for any of your payments. Euros are accepted at some establishments but with low exchange rates. So, it is much better if you use korunas rather than euros.

The Czech Koruna notes come in denominations of 100, 200, 500, 1000, 2000, and 5000 korunas, and coins are available in 1, 2, 5, 10, 20 and 50 korunas.

When it comes to currency exchanging in Prague, thing happens the same way it is in most European cities: The best deals come form the exchanging with ATM machines.

The task is pretty simple – use your ATM or credit cards to withdraw local currency from ATMs. Don’t worry about the international transaction fees your home bank charges because after all, what you get are still better than what you can receive from exchanging with money changers.

That is the best and most convenient option. But it doesn’t mean that change offices are not helpful. If bringing cash along is your choice, change offices can help. Many can help very well as their rates are quite close to inter-bank exchange rates.

A few forex shops even offer VIP rates for those who exchange the amount that is equal to or higher than 1000 Euros. There is another way to get that special offer: Presenting VIP vouchers printed out from change offices’ websites (see the list below) to the staff.

Note that the unbelievably good rates offered by street changers (who intentionally approach you) often include a scam in themselves. Just don’t do the exchange with them.

Enjoy your Prague trip and service of reliable change offices recommended below.

1. Money Changers in Old Town

Money Changers in Old Town Image credit: Exchange

The Old Town, a settlement along Vitava River, is a place to see medieval attractions and to exchange money in Prague.

Change offices in this area are within walking distance from tourist sites such as St. Nicholas Church, Old Town Hall and Kinský Palace.

Near to St. Nicholas Church is Exchange, which is the most popular money changer in Old Town (and also in Prague). It is famous for constantly offering the best rates in the market.

If you need to buy korunas at odd hours, refer to the service of Chequepoint or Interchange branches, which are open 24 hours every day.

Best rates for
– USD
– EUR
– GBP
– CHF
– JPY
– DKK
– NOK
– SEK
– CAD
– AUD

Recommended money changers
1. Exchange

– It is located across the Kafka House and within walking distance from St. Nicholas Church
– Address: Kaprova 14/13, 110 00 Praha 1-Staré Město, Czech Republic
– Phone: +420 800 225 588/ +420 222 700 890
– Opening hours: Daily 09:00 – 20:00
Daily rates
VIP rate coupon

2. Exchange 8
– This forex shop is at the opposite corner of the National Marionette Theater
– Address: Žatecká 16/8, 110 00 Praha-Josefov, Czech Republic
– Phone: +420 605 977 650
– Opening hours: Mon to Fri 09:15 – 19:30; Sat & Sun 10:00 – 18:00
Daily rates
– VIP rates are offered for exchanging more than 25,000 CZK

3. AuraAktiv
– This change office is at the south side of the Church of the Holy Spirit and a minute walk from the Kafka Monument
– Address: Široká 117/22, 110 00 Praha-Staré Město, Czech Republic
– Phone: +420 724 417 830
– Opening hours: Mon to Fri 09:00 – 20:00; Sat & Sun 10:00 – 19:00
Daily rates

4. Chequepoint
– This is an international company that offers currency exchange and money transfer services since 1974
– The branch is located at the Old Town Square
– Address: Železná 2, 110 00 Praha 1-Staré Město, Czech Republic
– Phone: +420 224 224 219
– Open 24 hours every day

5. Interchange
– Offering currency exchange and money transfer services for more than 25 years
– Accepts traveler’s cheques
– This is at the south side of the Church of the Holy Saviour, beside Colloredo-Mansfeld Palace
– Address: Karlova 185/10, 110 00 Praha 1-Staré Město, Czech Republic
– Phone: +420 222 221 377
– Open 24 hours every day

How to get there
– By subway: Nearest subway station is Staroměstská
– By tram: Nearest tram station is Staroměstská
– By bus: Nearest bus stops are Staroměstská, Staroměstské Náměstí, and Pařížská

2. Money Changers near Republic Square

Money Changers near Republic Square Image credit: Nekazanka Exchange/Emir Al-jumaily

Republic Square is located between Prague’s Old Town and New Town. You might want to head to this square if you are looking for good shopping and dining choices.

Before hunting for good bargains at Palladium shopping malls, Kotva Department Store, or Farmer’s Market you can swing by a money changer near Republic Square to stock your korunas.

The change offices there are easily accessible from historic landmarks and the metro stations. Among those, Nekazanka Exchange is a favorite of both tourists and locals as their rates are very competitive and they don’t charge commissions.

Best rates for
– GBP
– USD
– CHF
– EUR
– AUD
– JPY
– DKK
– NOK
– CAD
– PLN

Recommended money changers
1. Nekazanka Exchange

– This office is less than 5 minutes on foot from the Powder Tower
– Address: Nekázanka 884/10, 110 00 Praha 1, Czech Republic
– Phone: +420 722 946 484
– Opening hours: Monday to Friday 09:00 – 19:00; Saturday & Sunday 09:00 – 18:00
Daily rates
VIP rate coupon

2. Alfa Prague
– This forex shop is accessible from Hotel Grand Majestic Plaza, Hotel City Centre, and Hilton Prague
– It is less than 5 minutes away from Republic Square Subway Station
– Address: Náměstí Republiky 1078/1, 110 00 Praha 1-Petrská čtvrť, Czech Republic
– Phone: + 420 724 215 559/ + 420 224 227 158
– Opening hours: Monday to Friday 09:00 – 20:00; Saturday & Sunday 09:30 – 20:00
Daily rates
VIP rate coupon

3. Golden Exchange
– This is near to Florenc subway station, opposite Hotel AXA.
– Address: Na Poříčí 1063/33, 110 00 Praha 1-Florenc, Czech Republic
– Phone: +420 774 000 742/ +420 222 311 034
– Opening hours: Daily 09:00 – 20:00
Daily rates

4. Interchange
– Offering currency exchange and money transfer services for more than 25 years
– Accepts traveler’s cheques
– It is located opposite Palladium Mall
– Address: Náměstí Republiky 660/6, 110 00 Praha 1-Staré Město, Czech Republic
– Phone: +420 224 242 506
– Opening hours: Daily 07:25 – 21:55

5. Chequepoint
– Chequepoint is an international company that offers currency exchange and money transfer services since 1974
– Its location is at the Municipal House, near the Powder Tower
– Address: Námesti Republiky 5, 110 00 Praha 1-Staré Město, Czech Republic
– Phone: +420 222 002 300
– Open 24 hours from Monday to Friday

How to get there
– By subway: Nearest subway station is Náměstí Republiky
– By tram: Nearest tram stations are Náměstí Republiky and Bílá Labuť
– By bus: Nearest bus stops are Náměstí Republiky and Bílá Labuť

3. Money Changers near Mustek Metro Station

Money Changers near Mustek Metro Station Image credit: Rémi Diligent

Mustek Metro Station is a metro interchange where Lines A meets line B. Life surrounding a major transport hub is often bustling with commercial activity, and Mustek is no exception.

If you are getting around in Prague by riding metro, you can have easy access to money changers near Mustek Station. Most of them are open daily.

Best rates for
– USD
– CHF
– JPY
– CAD
– SGD
– PLN
– AUD
– NZD
– RUB

Recommended money changers
1. Huspak Exchange

– Offering currency exchange service for more than 15 years
– It is less than 100 metres away from Mustek subway station
– Address: Perlová 10, 110 00 Praha 10-Staré Město, Czech Republic
– Phone: +420 724 261 494
– Opening hours: Monday to Friday 08:00 – 19:00; Saturday 10:00 – 18:00
Daily rates

2. Easy Change
– Providing currency exchange and money transfer services since 2010
– Only accepts USD, GBP, and EUR
– Its location is in front of Prague City Hall
– Address: Jungmannova 747/28, 110 00 Praha 1, Czech Republic
– Phone: +420 246 083 752
– Opening hours: Monday to Friday 09:00 – 17:00
Daily rates

3. Provaznická Exchange
– This change office is near the corner of Wax Museum.
– Address: Provaznická 1, 110 00 Praha 1-Můstek, Czech Republic
– Phone: +420 224 248 873
– Opening hours: Daily 09:00 – 21:00
Daily rates

4. Černá Růže Exchange
– This forex shop sits inside Cerna Ruze Shopping centre, which is just a minute walk from Holy Cross Church
– Address: Na příkopě 853/12, 110 00 Praha 1, Czech Republic
– Phone: +420 777 332 500/ +420 224 213 526
– Opening hours: Monday to Friday 09:00 – 18:00; Saturday & Sunday 10:00 – 17:00
Daily rates
VIP rate coupon

5. Interchange
– Offering currency exchange and money transfer services for more than 25 years
– Accepts traveler’s cheques
– It is right in Wenceslas Square and near the police station.
– Address: Wenceslas Square 2, Prague 1 110 00, Czech Republic
– Phone: +420 224 241 245
– Opening hours: Daily 08:35 – 23:20

 How to get there
– By metro: Nearest metro stations are Mustek and Mustek A
– By tram: Nearest tram station is Václavské Náměstí

4. Money Changers near Národní Muzeum

Money Changers near Národní Muzeum Image credit: Xchange Grossmann

Fans of history can include currency exchanging in your trip to Národní Muzeum, the National Museum of Czech. Change offices in the area are within walking distance from the museum and Muzeum metro station.

Chequepoint branch in Wenceslas Square, which is open 24/7, is an address that you can check out anytime.

Best rates for
– CAD
– AUD
– CNY
– AED
– TRY
– EGP
– SAR
– ILS
– KRW

Recommended money changers
1. Samiko Top Exchange

– More than 10 years in the foreign exchange business
– Accepts traveler’s cheques
– It is beside the French Cultural Institute and near Hotel Majestic Plaza
– Address: Štěpánská 39, 110 00 Praha 1, Czech Republic
– Phone: +420 602 211 043
– Opening hours: Monday to Friday 09:00 – 19:00; Saturday 09:00 – 18:00
Daily rates
VIP rate coupon

2. Xchange Grossmann
– Providing currency exchange service for 15 years
– This is just 3 minutes away from Wenceslas Square
– Valid ID needed when exchanging more than 1,000 euros
– Address: Krakovská 1339/18, 110 00 Praha 1, Czech Republic
– Phone: +420 724 176 665
– Opening hours: Daily 09:00 – 20:00
Daily rates
– VIP rates apply for exchanging over 100,000 korunas

3. Esico Exchange
– This change office is 3 minutes away from Sheraton Prague
– Services: Currency and gold exchange, and money transfer
– Address: Štěpánská 653/17, 110 00 Praha 1, Czech Republic
– Phone: +420 775 659 572
– Opening hours: Monday to Saturday 09:00 – 19:00

4. Chequepoint
– Chequepoint is an international company that offers currency exchange and money transfer services since 1974
– It is located in Wenceslas Square
– Address: Václavské Namesti 799/48, 110 00 Praha 1-Nové Město, Czech Republic
– Phone: +420 222 210 711
– Open 24 hours every day

5. Eurochange
– This is less than 5 minutes away from Muzeum Subway Station and Petschek Palace
– Address: Opletalova 1566/30, 110 00 Praha-Nové Město, Czech Republic
– Phone: +420 224 243 614
– Opening hours: Daily 08:00 – 21:00
Daily rates

How to get there
– By metro: Nearest metro stations are Muzeum and Mustek A
– By tram: Nearest tram stations are Muzeum and Štěpánská
– By bus: Nearest bus stops are Muzeum and Štěpánská

5. Money Changers in Mala Strana

Money Changers in Mala Strana Image credit: icenando

Mala Strana is one of the most historic districts of Prague. It is a big gift for those who love the charm of old Europe. And it is a small gift for those who need to exchange money.

Most of the change offices in Mala Strana are situated in the town square surrounding St. Nicholas Church. They are open daily until late evening.

Best rates for
– HRK
– DKK
– HUF
– PLN
– NOK
– SEK

Recommended money changers
1. International Currency Exchange

– Offering currency exchange and money transfer services for more than 40 years
– This forex shop is located at Grömlingovský Palace
– Address: Malostranske Namesti 5, 110 00 Praha 1-Malá Strana, Czech Republic
– Phone: +420 257 535 808
– Opening hours: Daily 08:40 – 23:10

2. Abraham Exchange Office
– This is located beside Kaiserštejnský Palace, and opposite Malostranské Náměstí tram station
– Address: Malostranské Namesti 36/22, Malá Strana, 118 00 Praha 1-Malá Strana-Praha 1, Czech Republic
– Phone: +420 257 213 424
– Opening hours: Daily 09:00 – 18:00
Daily rates

3. Mango Change
– Offering currency exchange and money transfer services since 1998
– It is situated on the north side of Malostranské Náměstí, and facing the Holy Trinity Column
– Address: Malostranské Náměstí 203/14, 118 00 Praha 1-Malá Strana, Czech Republic
– Phone: +420 257 534 242
– Opening hours: Monday to Saturday 09:00 – 18:00

4. Numedia Change
– Its location is on the north side of Malostranské Náměstí, and beside Smiřický Palace
– Address: Malostranské Náměstí 7/19, 118 00 Praha 1-Malá Strana, Czech Republic
– Phone: +420 778 530 666
– Opening hours: Daily 09:30 – 19:30

5. Interchange
– Offering currency exchange and money transfer services for more than 25 years
– Accepts traveler’s cheques
– This is just a few steps away from the Charles Bridge Tower, near the Serbian Embassy
– Address: Mostecká 282/5, 118 00 Praha-Malá Strana, Czech Republic
– Phone: +420 257 531 580
– Opening hours: Daily 09:45 – 22:55

How to get there
– By subway: Nearest subway station is Malostranská
– By tram: Nearest tram station is Malostranské Náměstí
– By bus: Nearest bus stops are Malostranské Náměstí and Nerudova