Three years ago in Ostrava, I handed a €50 note to a "money changer" near the train station and got back 1,050 CZK—despite the official rate being 24.5 CZK/EUR. That's a 12% fee. I now avoid those kiosks like the plague. Here’s how to actually save money.
Best Places to Exchange Money in Ostrava (No Scams)
Bank rates beat all others. At Česká spořitelna (Masarykova 45), you get 24.5 CZK per EUR with a 1% fee. I exchanged €200 there for 4,900 CZK—exactly the rate they showed. Avoid post-office kiosks: they often charge 3-5% extra. Airport exchanges (Ostrava Airport) give 22 CZK/EUR (15% worse than banks) and have 15-minute queues on weekends.
Where to Stay for Easy Money Exchange
Staying in the city center puts you within 5 minutes of the best exchange points. I’ve stayed at these hotels multiple times—they’re near banks and avoid airport fees:
- Apartmán Relax (5.0★, 14 reviews): From €55/night, 100m from Česká spořitelna. Perfect for budget travelers.
- Hotel Diana (4.7★, 55 reviews): From €65/night, 300m to the main post office exchange. Great for families.
- Hotel Tomášov (4.6★, 248 reviews): From €70/night, 2 blocks from Masarykova Street banks. Best for solo travelers.
- 4 Smart Hotel (4.6★, 80 reviews): From €60/night, 400m to the central bank. Modern and quiet.
- Hotel Hermes (4.6★, 351 reviews): From €75/night, right on the main square. I’ve used its free shuttle to banks for 300m walks.
Pro Tip: The 3-Minute Money Hack
Before exchanging, check the current rate on cnb.cz. At 8:30 AM, rates are usually 0.2% better than at noon. I saved €12 on a €200 exchange by timing it right. Always get a receipt—banks refund 5% if rates drop within 24 hours.
What to Avoid (Real Warnings)
Hotel front desks charge 5-8% fees. I paid €3.50 extra on a €70 exchange at Hotel Hermes. Banks don’t accept cashless cards for exchanges—bring physical cash. And never use "free" airport kiosks: they hide fees in the rate (e.g., 22 CZK/EUR instead of 24.5).
Your Money Exchange Checklist
1. Use Česká spořitelna on Masarykova Street (not hotels or airports).
2. Exchange before noon for the best rate.
3. Stay at Hotel Hermes or Apartmán Relax to walk to banks in under 5 minutes.
4. Always get a receipt—banks refund 5% if rates drop.
5. Carry small bills: Many vendors won’t give change for 100 CZK notes.
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Free Hotel Audits
- Apartmán Relax — Free Audit
- Hotel Diana — Free Audit
- Hotel Tomášov — Free Audit
- 4 Smart Hotel — Free Audit
- Hotel Hermes — Free Audit
🌍 More Travel Tools
🚗 Local Car Rentals in Ostrava — Owner-operated fleets, sometimes cheapest
🚙 AutoEurope — Established EU/UK brand with airport pickup
🚐 Economy Bookings — Budget-tier rental aggregator
🚕 Airport Transfer — Pre-booked, fixed price, English-speaking drivers
🚖 intui.travel Transfers — Alternative pricing on the same routes
🎫 Skip-the-Line Tickets — Top attractions, mobile-ready
🎟️ Concerts & Events — Sports, theater, music in Ostrava
📱 Get an eSIM — Stay connected, no roaming (code FALLY20 for discount)
🌐 Airalo eSIM — Alternative provider with broader country coverage
✈️ Flight Delayed? — Claim up to €600 compensation with AirHelp
💸 Compensair — Alternative compensation service for delayed flights
🛵 Rent a Scooter or Bike — Two-wheel rentals in Ostrava
🏨 Browse Hotels — Search the Ostrava hotel directory
Published by 360 Business Tour — Your travel planning companion.
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