What Is Montenegro’s Currency? – What You Need to Know About the Euro (EUR) in Montenegro
💰 Montenegro’s Official Currency
Montenegro’s official currency is the Euro (EUR).
Its international currency code is EUR.
Although Montenegro is not a member of the European Union, it is one of the countries that uses the Euro as its official currency. The Euro is used for daily expenses and all official transactions throughout the country.
🏛️ A Brief History of Euro Usage in Montenegro
In the early 2000s, Montenegro began using the German Mark. Following the introduction of the Euro in 2002, the country transitioned directly to the Euro.
Although Montenegro has its own central bank, it is not directly subject to the monetary policies of the European Central Bank. Nevertheless, the Euro has been adopted as the official currency to ensure economic stability.
💹 Currency Abbreviations and Symbols Used in Montenegro
Key details of the Euro used in Montenegro are as follows:
Abbreviation: EUR
Symbol: €
Subunit: 1 Euro = 100 cents
In Montenegro, all prices are displayed in euros and cents.
💱 Banknotes and Coins Used in Montenegro
📌 Euro Banknotes Used in Montenegro
Euro banknotes in circulation in Montenegro:
5 EUR
10 EUR
20 EUR
50 EUR
100 EUR
200 EUR
500 EUR (rarely used)
📌 Euro Coins Used in Montenegro
Coins commonly used in daily life:
1 cent
2 cent
5 cent
10 cent
20 cent
50 cent
1 EUR
2 EUR
💸 Can You Send Money from Türkiye to Montenegro?
Yes.
With PayPorter, sending money from Türkiye to Montenegro is fast, secure, and cost-effective. Transfers made to bank accounts in Montenegro usually reach the recipient within a short time.
Thanks to PayPorter’s international money transfer infrastructure, transfers to bank accounts in Montenegro reach the recipient in a short time.
🔹 PayPorter Advantages
Affordable transaction fees
Fast transfer process
Secure and licensed infrastructure
Ability to send money to more than 185 countries
You can visit the relevant page to send money from Türkiye to Montenegro.
🌍 Can Montenegro’s Currency Be Used in Türkiye?
No.
The Euro is not an official means of payment in Türkiye, but it is widely available at exchange offices.
For financial transactions between Türkiye and Montenegro, the Euro is the most commonly preferred currency. In addition, secure money transfers from Montenegro to Türkiye can be made using PayPorter.
💡 Interesting Facts About Montenegro’s Currency
Montenegro is one of the few countries that uses the Euro without being an EU member.
Card and contactless payments are widely used, especially in tourist areas.
Cash payments are still important, particularly for small businesses.
ATMs and banks are widely available in tourist cities.
Price tags are generally displayed only in euros.
❓ Frequently Asked Questions About Montenegro’s Currency (FAQ)
What is Montenegro’s official currency?
Montenegro’s official currency is the Euro (EUR).
Is Montenegro a member of the European Union?
No. Montenegro is not an EU member, but it uses the Euro.
Is any currency other than the Euro used in Montenegro?
No. The Euro is the only legal and de facto means of payment.
Can I send money from Türkiye to Montenegro?
Yes. With PayPorter, you can send money to Montenegro quickly and securely.
Is credit card usage common in Montenegro?
Yes. It is especially common in tourist areas.
Can I withdraw cash from ATMs in Montenegro?
Yes. Most international cards are accepted at ATMs in Montenegro, though transaction fees may vary depending on the bank.
Last Uptade: January 2026
This content is provided for general informational purposes only and does not aim to cover all aspects of the topics discussed. The information herein should not be considered a substitute for advice from a qualified professional. Nothing in this publication should be interpreted as legal, tax, or professional advice provided by PayPorter or its affiliates. While we strive to keep our content accurate and up to date, we make no representations or warranties regarding the completeness, accuracy, or timeliness of the information provided.