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the Czech currency is called "koruna" (crown, abbreviated Kč)
coins of these denominations are in circulation: 1 crown, 2 crowns, 5 crowns, 10 crowns, 20 crowns, 50 crowns
notes in circulation: 100 crowns, 200 crowns, 500 crowns, 1 000 crowns, 2 000 crowns, 5 000 crowns
The cost of living in the Czech Republic is much lower than in the old EU member states and you will be able to live comfortably without spending large sums.
Bank machines are generally the easiest and cheapest way to manage money here, and the Brno city centre features numerous conveniently located bank machines.
Foreign currency can be exchanged at any bank, though you might check around which one gives the best rate, since these can vary a little. The small exchange booths in the centre of Brno are said to offer good exchange rates.
For prices of food, transportation, utilities, salaries etc., refer to the following website:
www.numbeo.com