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The Low Down on Montenegro Currency



Currency code:


Central Bank:

European Central Bank

Currency symbol:

Currency sub unit:


Currency sub unit symbol:


Bank notes:

€5, €10, €20, €50, €100, €200, €500


1c, 2c, 5c, 10c, 20c, 50c, €1, €2

The official currency in Montenegro is the euro- abbreviated to EUR. 1 Euro is subdivided into 100 cents.

From 1996, the Deutsche Mark was used in Montenegro as the de facto currency and was formally adopted as Montenegro’s currency in 1999.
The euro replaced the Deutsche Mark as Montenegro’s official currency in 2002 with no objections from the European Central Bank.

Although still not a part of the European Union, Montenegro started the process of assentation into the EU in November of 2005.

The most commonly-used bills for the euro are the 5, 10, 20, 50, 100 and 200 notes.

What to spend your euros on**:

  • *

    Local bus ticket

    0.90 EUR *

  • *

    1 litre of milk

    0.78 EUR *

  • *

    Pair of jeans

    57 EUR *

  • *

    Kotor 1 hour walking tour

    15 EUR *

  • *

    Local bottle of beer

    1.85 EUR *

How many Euros will I need?**

Please select your budget above.

- +
* * * * * *

- +
* * * * * *

Total spending money needed:

  • *A budget
  • *for people for
  • * nights


Must-sees in Montenegro

  • Kotor
  • Located on the shores of the Bay of Kotor, this ancient city is backed by majestic mountains and is reminiscent of ages gone by. A maze of twisting alleys will take you past museums, traditional restaurants and stunning churches. Relax and enjoy a coffee in one of the town’s piazzas.
  • Tara Canyon
  • Tara Canyon is the second deepest canyon in the world, only behind that of the Grand Canyon. An adventurer’s paradise, you’ll get the best view white water rafting down its snaking rapids. There’s also some beautiful swimming and cliff jumping spots within this natural wonder.
  • Budva
  • The old town of Budva is more than 2,500 years old and has the city walls to prove it. Laced with popping restaurants, bars and boutiques, you’ll enjoy wandering around this charming town. Visit the citadel to view some ancient artefacts or take the seaside path to Mogren Beach for a well-earned rest.

Buying Buy Euro online is easy

Order Buy Euro online, lock in the rate and collect at your local store, at the airport before you fly or have it delivered at home

  • 1. Click the ‘Buy Euro Now’ button below
  • And tell us how much you need for your trip.

  • 2. Choose how to get it
  • Get your currency home-delivered or choose to collect at more than 3,600 pick up locations.

  • 3. Pay online
  • Simply pay using either your debit card (recommended) or credit card and you’re all set!

FAQ Relating to Montenegro Currency

Back to top
  • Why does Montenegro use the euro?

    Montenegro has no currency of its own. From 1996 the Deutsche Mark was used as the de facto currency. The Mark was replaced by the euro in 2002.

  • Are credit cards widely accepted in Montenegro?

    The following credit cards are widely-accepted in Montenegro; Visa, Visa Electron, MasterCard, Maestro, American Express, Diners.

  • Is Montenegro part of the EU?

    Although they use the euro, Montenegro is not currently part of the EU.

Prefer to Buy in Store?

Prefer to Buy in Store?

If buying online is not your thing, visit your nearest Travelex store around and one of our friendly sales consultants will help you organise your euros for your trip to Montenegro.

Find a Store

Travelling to Montenegro in the Future?

Travelling to Montenegro in the Future?

Track Rates and get notified when the EUR matches your ideal rate so you can decide if it’s a good time to buy!

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How to Keep your Money Safe while Travelling

Dealing with lost or stolen funds while taking a trip is not only a hassle, but also extremely stressful. Learn how to keep your money safe while travelling.

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Read your reviews on trustpilot

All good no problem the pick up was as…

All good no problem the pick up was as stated

Terrence James Glover

I ordered online

I ordered online - quick, easy, convenient On pickup friendly quick & easy service

Warina Gaye Wesley

Very convenient and good exchange rate

They had a bonus exchange rate on the travel card which I appreciated. The card was very convenient and worked everywhere (only they may need to print on a reminder to pay in the currency you have on the card, as I accidentally paid in my home currency a couple of times and got charged extra for that through travelex fees). Cash exchange and travelex card were both very easy to arrange online and pick up from local store. The travelex card was a nice way of avoiding bank fees on normal credit card and felt much safer than carrying the same amount of cash. I also felt better about using some card-only 24/7 petrol sheds if needed in an emergency, rather than using my own credit card.

A Thiru

Quick and efficient service however…

Quick and efficient service however your feedback form needs revising as there is no indication against the buttons what level you are pressing!

Lorraine Rice

Great product

Great service from agents. Card is very easy to use and top up. Not charged any fees when using it. Also get a good rate when topping up.

Sonia Grozdanoska

It was so easy

It was so easy. Ordered euros on line and could have picked it up the same day. We also got a better exchange rate than the post office.


A little tricky with online ordering

Everything went well except that I wanted the Canadian money as cash, but somehow it went onto the card. The people at Helloworld were understanding and said it often happened, so maybe it wasn't just me, and sold me some Canadian currency at online rates.


The online ordering process is really easy

The online ordering process is really easy to use. I attended the shopfront in Castletown, Townsville Qld to collect my card. I really appreciated the fantastic customer service that I received from Mandie. I will definitely be going back there to order more currency.

Susan Read

All good.

All good. Easy operation. Collection was easy and currency was sorted and ready when I arrived


I did not give 5 stars because TravelEx… Denominations

I did not give 5 stars because TravelEx were not able to give me money in all the denominations that I requested. They did a fairly good job even so.

Phil Manley

Quick and efficient

Easy to deal with, quick and efficient and picked up my travel card at Southland. Lady serving was really helpful with information as well.

Kathy Tanojevic

Easy to use & best rate at the time…

Easy to use & best rate at the time cash was in a great variety of the domination Would highly recommend


As I expected

As I expected

Eckhard Platen

easy & convenient to order online &…

easy & convenient to order online & pick up at a time that suits.

geoffrey smerdon




Travelex is rated 4 stars by Trustpilot based on over 8980 reviews

*Rates are subject to change throughout the day. In-store rates vary compared to online.

**The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip.

^^Based on mid-market and Travelex Online AUD to FX exchange rates as of the date of the relevant social media post and/or email communication. Rates are subject to change throughout the day. Any rates and savings are quoted as a guide only.

Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.