 | Prague Money Exchange Reviews | Tips 31 - 40 of 56 |  |
if you do change your money at the licensed dealers PLEASE PLEASE be sure to read the fine print ....all the dealers advertise signs that say 0% commission!!! this is a load of bull......there is also fine print at the bottom saying only for selling purposes....that means when u exchange they can take a commission rate up to 10% which is a downright rip off....please be very careful ...ASK how much commision is charged before you hand over the money (even if the sign says 0%) because they will not return the money to you once the exchange has been made. Leave a Comment |
Do not entertain offers to change money on the street. I understand at best you will do badly and more probably you will get obsolete notes. Leave a Comment |
If you need to change money, don't do it at the airport or at your hotel - they give you the worst rate ever. Always compare the rates between the different change booths. Don't be tempted by the signs saying '0%' or 'No commission' - always ask how much you'll get for US$100 (for example). One very reliable change booth, which gives you a fair rate, is located near the Old Town's square: when you are there facing the astrological clock, you'll see to your right, accross the square, to streets; the booth is located in the rightmost one, on it's left side, just around the corner. Leave a Comment |
Change money on the street: You may realize a better rate than that available in a Forex Office! My friend Rick tfaded US dollars for korona, and got 1000's of old Polish Zlotys in return. Although almost totally worthless it makes a great story Leave a Comment |
I could give the traditional warnings: be careful around the train station at night, beware of pickpockets in crowded areas, and be prepared to be overcharged for everything if you don't speak Czech. Prices are written in long form in Czech and in numberic form for the tourists. Tourists who cannot decipher Czech will pay around ten times local prices, as I would have had to do at the Jewish cemetary in Josefov, had I not been able to read just enoguh Czech. Since it's still relatively cheap, most tourists neither notice nor care. But you should.
The worst dangers however are the crowds of tourists that swarm all over Stare Mesto. Look at this picture and tell me that this crowd wouldn't scare the beejeezus out of you! |
Always be prepared to tally up your charge at the food vendors and postcard shops. Some will short change you, unless you confront them immediately. They hold back the change and put aside, or just do not give you enough back-stating they do not have change. I called a couple out on this and we "settled: but they become indignant when caught in the act.
I am not used to this type of fast change situation and did not like it. It happened 3 times in one day. At least you can be more attuned for pickpockets, but the some vendor help either keeps the excess or puts in the family cash drawer. |
Be careful of the shadey men that hang around the exchanges they come up to you and try to get you to exchange don't do it. They are often watched and there notes can be dodgey. All the notes we had in change were brand new. |
Be careful where you exchange your money in Prague!!!
After doing some research, I found 3 places that offer reasonable rates:
- The best place in town is located on a small street called Panska, 6. It is not far from Mustek metro stop, walk on Na Prikope Street and then turn to Panska.
No comission, no hidden charges. In the early October they were offering 19CZK for 1 dollar.
- At the Malostranska metro stop.
- At the Staromestska metro entrance. |
Beware of people asking you to change money on the street. Don't ask questions, just say no. Only change money at an authorized place. Leave a Comment |
|
 |
 |
Search Hotels
Find the best room rates |
|
 |
|
on August 25, 2002
Prague
on August 25, 2002
on August 25, 2002
on August 24, 2002
on July 15, 2003
on October 20, 2007
on March 8, 2006
on October 28, 2007
on October 29, 2004
on January 26, 2005
