Where to exchange currency in prague
HOW TO CHANGE MONEY IN PRAGUE?! (Honest Guide)
hello and welcome to Prague Czech
Republic in our country Czech Republic
we do not use euros as a currency we
actually have our own currency which is
called Czech crowns this is what our
bills look like so if you visit you may
want to change euros into crowns but it
can be quite tricky so here are some
rules on how to change money in the
Czech Republic as of right now today
January 2017 a hundred euro bill is
worth two thousand five hundred Czech
crowns so you want to get as close to
that amount as possible so let's see
what we can do so we're on the main
square and look we found an exchange
place that claims to have 0% Commission
which would mean that for this 100 euro
bill we should get 2500 crowns
well no you actually have to go inside
look at the list the exchange list look
at the we buy column and there you'll
find that you're only gonna get 1500
crowns that's 1000 crowns less not a
good place but the trick in Prague is
that only few meters away is a place
that is honest and will give you what
your money is actually worked
[Music]
so we have just walked literally 30
seconds and we are going to save nine
hundred crowns on this short walk
because this place will give you 24
crowns for one euro which means
twenty-four hundred crowns
for a hundred euro but still in
beautiful downtown Crocky at another
exchange place claiming to have 0%
commission but once you get closer and
you ignore the big sign and look at the
small sign you'll find out that for one
euro you're getting 17 point 39 pounds
that's really really bad so in this
place this 100 euro bill is worth
seventeen hundred crowns but as I
mentioned before only few meters away
this is literally seconds away and right
here on this place it's twenty four
hundred fifty crowns so if we change the
bill here we're gonna make seven hundred
crowns on this short walk did you guys
get it you have to be really careful and
also don't take taxis okay you get to
another exchange place let's see how
much how 100 euro bill is worth where
you gotta go for we buy one euro
25 crowns well that looks good but you
got to go down here to find out that
Commission for exchange from foreign
currency it's 28% so on this hundred
euro bill we would lose 28 euros and as
we mentioned many times just across the
street
is this place that has 0% Commission and
also will give you 25 crowns for euro
which means 2500 crowns for this bill
which means we have just saved twenty
eight euro just by crossing the street
guys and I'm sure you know the story by
now that place this bill is worth
nineteen hundred crowns and at that
place it's twenty four hundred crowns
difference of fifty meters is a
difference of five hundred crowns you
may be wondering how much is five
hundred crowns is it a lot that's ten
beers that's a lot I'm sure you get it
by now that hundred euros can be worth
different amounts of money but we're on
the most absurd street in Prague
there's the Wenceslas Square the main
square and here's one Exchange Place
that has zero percent Commission another
place that has zero percent Commission
and another one over there that has zero
percent commission well let's see how
much we will get for our hundred euro
bill sixteen hundred now I don't want to
change it
sixteen hundred crowns oh well luckily
there's two more zero percent Commission
places hello
oh so it's eighteen hundred but today's
rate is much higher yeah eighteen
hundred in this place who well luckily
there's one more place let's give a shot
to that one twenty five hundred crap
thank you very much
well last but not least this place will
give you twenty five hundred crowns
finally so we can highly recommend it
this was the ultimate honest guide of
how to change euros into Czech crowns
guys do not get fooled there's always a
good honest place just across the street
or even next door to the bad tourist
traps there are three rules you have to
follow always read everything that's on
the board then ask before you change the
question should be how much money in
Czech crowns will I get for my euros
dollars whatever have them show it to
you on a calculator and the third rule
you say if you're just coming to product
and you want to know more about the city
for example where to eat where to drink
where to party make sure to check out
our show it's called the honest guide
you can even subscribe to it because we
make an episode about our lovely city
every week thank you very much if you
liked the show give us a thumbs up post
a comment under me and I'll see you next
week good bye and I'm gonna teach you a
short check sentence which is Lukasz
nikolic show me
how much you cash the colic so they will
show you how much money you should get
so you don't get scammed
