Trip to Prague: splitting group expenses
This is the honest guide to planning and settling a group trip to Prague. No invented budgets — just the typical expense profile, the currency, local payment rails, and the steps your group needs to leave the trip without the pending money conversation.
What group trips to Prague look like
Prague is the cheap European group trip. The accounting catch: expenses are in Czech koruna (CZK), not euros. Without per-expense FX capture, your settlement will be 2-4% off without anyone noticing.
Typical expense profile in Prague
Typical profile: ~20% accommodation, ~30% food and beer (where the savings are clearest), ~10% transport, ~25% attractions and tours, ~15% other. For settlement, Revolut multi-currency is ideal here — captures the CZK→EUR rate instantly.
Currency and payment rails in Prague (Czech Republic)
Prague uses CZK, not the euro. Without per-expense FX capture, the settlement ends up 2-4% off. Revolut multi-currency or Wise do the capture automatically.
Practical tips for splitting expenses in Prague
Three quick tips for Prague: (1) Agree the payment rail at the start of the trip, not the end — the "do you have Bizum?" conversation is much easier with two beers than with packed bags. (2) Capture each expense at the moment with a receipt photo — TripCount's OCR extracts it in seconds. (3) Try the free calculator before the trip to get familiar with the minimum-transfer math.
How do we automate all this?
TripCount is free, captures the FX rate per expense, computes the minimum-transfer settlement and generates one-tap payout links (Bizum, Revolut, PayPal). No app store. End-to-end encrypted.
Create a free tripFAQ
How much does a group trip to Prague cost?
Depends on the group, the duration and the style, but the typical profile above gives you a ballpark. Rather than budgeting blind, the practice that works is capturing each expense at the moment with receipt OCR and letting the app compute.
What currency does Prague use?
The local currency is CZK, not the euro. To avoid losing on FX spreads, capture the rate at the moment of each expense.
How do I pay a friend back in Prague after the trip?
Depends on the local payment rail — Bizum (Spain), Revolut, PayPal, IBAN. TripCount generates the correct one-tap link per person in your group.
What is the minimum number of transfers to settle the group?
With N people the theoretical maximum is N-1; in practice, a debt-simplification app typically lowers it to 30-40% of pairwise transfers. For 5 people: from 10 potential down to 3-4 real.
Can I budget the trip in advance?
Yes, but the real value of the app is capturing at the moment, not budgeting up front. Pre-trip budgets almost never reflect reality.
Why TripCount and not Splitwise or Tricount?
TripCount is free (no OCR paywall), end-to-end encrypted, supports Bizum natively, and covers more languages. Detailed comparisons at /vs-splitwise and /vs-tricount.