Financial Guide

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The currency in the Czech Republic is Czech koruna (crown), its international code is CZK, the abbreviation used in the country is Kč.

The exchange rate to euro usually fluctuates around 25–27 CZK = 1 EUR. See the ECB websites for the current reference exchange rate.

All types of MasterCard and VISA cards are widely accepted. You may encounter problems using a Maestro, American Express, Diners Club International, JCB Card, Mir, Union Pay and other cards. Cash machines can be found almost everywhere, if you need to withdraw money. Just check in advance how much money various banks charge.

To avoid troubles with exchanging money, we recommend opening a banking account in the Czech Republic after your arrival. Banks withing walking distance from the university campus: Komerční banka, ČSOB, Česká spořitelna, Fio banka, UniCreditBank, MONETA Money Bank.

Cost of living in Prague (approximate prices)

Accommodation

Restaurants
Meal (student canteen)                                                                                  from 120 to 180    CZK

Markets

Services