Currency Exchange at Prague Main Railway Station

Currency Exchange at Prague Main Railway Station

Prague Main Railway Station or Praha hlavní nádraží is the largest railway station in Prague, the capital of Czech Republic. If train travel is included in your trip plan, most probably you will visit this Prague’s transportation hub. Here you can find a big supermarket, various stores and service providers. Currency exchange office can also be found at Prague Main Train Station.

Currency Exchange Office

Prague Main Railway Station’s currency exchange office Forexchange can be found at the lower level, the same level where BILLA supermarket can be found. Here you can exchange your foreign currency to Czech Koruna (CZK).

On Google you will find many terrible reviews about the money changer at Prague Main Train Station as at least before they were displaying very attractive exchange rates and secretly charging even 22% commission. What a rip off!

At the time of our visit they were proudly advertising their 0% commission policy so the situation might have changed. However, currency exchange rates at Prague Main Railway Station were less than attractive as that 22% commission now seems just to be included in exchange rate.

Currency Exchange Rates

On the day of our visit, currency exchange rates at Prague Train Station were a bit better than at Prague Airport for the most popular currencies but still much worse than you could get in the city center.

How bad currency exchange rates can be expected at Prague Main Railway Station?

Currency Exchange at Prague Main Railway Station

USD to CZK exchange rate at Prague Train Station

The official USD exchange rate on the day of our visit was 23.214 CZK for 1 US Dollar, so the rate offered at train station (17.170 CZK/USD) was even by 6.044 CZK or 26.0% lower than the exchange rate at the market.

Exchange rate at Prague Main Railway Station was a bit better than at PRG airport (16.609 CZK/USD) but still charging 1/4 of your money just for exchanging it is more like a robbery than currency exchange.

EUR to CZK exchange rate at Prague Train Station

The official EUR exchange rate at the time was 25.745 CZK for 1 Euro, so the rate offered by the money changer at Prague Train Station (20.025 CZK/EUR) was by 5.720 CZK or 22.2% lower than the market rate.

Euro exchange rate was a bit better than USD exchange rate but still really bad. Of course, at the same time at Prague Airport the rate was even worse - only 18.298 CZK/EUR.

GBP to CZK exchange rate at Prague Train Station

The official GBP exchange rate on the day of our visit was 28.193 CZK for 1 Pound Sterling, so the rate offered at the main railway station of Prague (23.230 CZK/GBP) was by 4.963 CZK or 17.6% lower than the market rate.

Exchange rate was significantly better than at the airport (19.836 CZK/GBP) but still much worse than you would expect at reputable currency exchange office.

Exchange rates of other currencies at Prague Train Station

Exchange rates for the most popular currencies at Prague Main Railway Station are far from being competitive. For less popular foreign currencies expect to get even worse exchange rates here and in most cases they are even much worse than at Prague Airport!

The official PLN exchange rate at the time was 5.936 CZK for 1 Polish Zloty, so the rate offered at the train station (3.636 CZK/PLN) was by 2.3 CZK or 38.7% lower than the market rate. Even the money changer at the airport wasn’t that greedy!

The official AUD exchange rate at the time was 15.731 CZK for 1 Australian Dollar, so the rate offered at Prague Main Train Station (10.629 CZK/AUD) was by 5.102 CZK or about 32.4% lower than the market rate. Again, the rate is significantly worse than at PRG Airport.

The official CAD exchange rate at the time was 17.494 CZK for 1 Canadian Dollar, so the rate offered at the railway station (11.523 CZK/CAD) was by 5.971 CZK or about 34.1% lower than the market rate. The worst rate we could see in Prague!

Be warned that you will be losing about 1/3 or even more of your money if exchanging any of less popular currencies at Prague Main Railway Station. Avoid exchanging your currency here!

Tips

If you need local cash at the main train station of Prague, just withdraw money from ATM. Don’t use the ATM nearby currency exchange office as they give really bad exchange rates for such a transaction. Make sure to use ATM of any ordinary bank.

When looking for currency exchange in Prague city center you must be attentive because some of the money changers there give exchange rates that can be as bad as at the train station. How to get the best exchange rate in Prague? Check here: Best Currency Exchange Rates in Prague City Center.

When choosing between currency exchange at Prague Airport and Prague Main Railway Station, for USD, EUR and GBP you can get better rates at the train station. However, exchange rates of other currencies are better at the airport. More details about currency exchange at PRG Airport can be found here: Currency Exchange Rates at Prague Airport (PRG).

When traveling to Prague by train and willing to explore this wonderful city lightly, you can leave your luggage at Prague Main Railway Station’s Left Luggage Office.