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The Low Down on Montenegro Currency

Currency:

Euro

Currency code:

EUR

Central Bank:

European Central Bank

Currency symbol:

Currency sub unit:

cent

Currency sub unit symbol:

c

Bank notes:

€5, €10, €20, €50, €100, €200, €500

Coins:

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.


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* * * * * *

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Total spending money needed:

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


*Recalculate

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 Euro online is easy

Order 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!

Track Rates

How to Keep your Money Safe while Travelling

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.

Read more

Great customer service and so helpful

Great customer service and so helpful. I have never been overseas before and I was told about the travelex site to order money on line and I was really please with the help I received from the customer service people on line and then when I picked up my money from the agent she was so helpful and really gave heaps of helpful tips. Made the process so easy.

ALYSIA MAREE UPWARD

The website is very easy to read and navigate

The website is very easy to read and navigate and the exchange rates are consistently better than any of the big banks…. I know this because I once worked for one of the major banks! I would only ever use Travelex for my overseas cash requirements

Mr GG Tasmania

Easy

Easy transaction and great rates. I like that picking up from LPO cost me nothing extra!!

VB

Really easy to use website and Pay Pal…

Really easy to use website and Pay Pal system.

Kate

Had great service

Had great service

Geoff Peter Sutherland

Staff at Top Ryde store most helpful…

Staff at Top Ryde store most helpful and offered good rates, considering current situation with dollar. My only complaint with topping up travel card is that you are not able to do direct bank credit. Only option is card (fees) or Bpay ( 3 days to load).

LB

Simplicity and Ease

The lady who helped me, really did! It was such an easy transaction in every way.

Jocah

I was happy with the ease of using…

I was happy with the ease of using travelex and their good rates. Only feedback I'd like to give to travelex is when getting currency delivered to home addresses is that it should be registeted as to require a signature on delivery as my money was just left at my front door for anyone to steal.

Daniel ROBERT Heath

Travelex continue to give excellent low…

Travelex continue to give excellent low cost service

Ronald Stuart Nicol

Easy Process of Ordering

The process for ordering currency was clear, the price was very competitive, and the service provided when needing additional information was accurate and pleasantly provided.

Customer

Excellent service great people always…

Excellent service great people always friendly

Ian Day

Easy transaction

Easy transaction, better pice than the banks. We do it this way again

Max

Transaction was quick & easy.

Transaction was quick & easy.

Peter Landers

Could not be an easier experience

Could not be an easier experience! Thanks.

Mike, Caboolture

Really helpful at the counter when we…

Really helpful at the counter when we have been getting cash exchanged and picking up the money card.

Mick L

*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.