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Avoid changing your money into another currency before your departure (e.g. changing your Euros or Japanese Yen into US Dollars before changing those into Czech Crowns). It is not necessary and will only make you pay commission twice. Some of them recently started to offer a 0% commission. Unless you believe in the existence of Saints on Earth, please don't fall into these tourist traps. It is always better to change money in state banks with a commission of 1.5-2% than paying an 8-10% commission to the exchange office or your hotel reception.

The bank with the best rates (and the only one that is open on the weekends) is near the Wenceslas Square at the beginning of the street Na Prikope and it's called Volksbank. Another good one is Komercni banka with offices all around, easily recognizable by the red KB logo. Change only the amount you will need to avoid bringing Czech Crowns back to your country because you might have problems converting them back to your currency. You can always convert any left-over Czech Crowns into your currency while still in the Czech Republic, before your return home.