Montenegro Banknotes Catalog
The history of banknotes in Montenegro reflects the political and economic changes in the country. Since its independence in 2006, Montenegro has used the euro as its official currency, but previously had its own currency and shared currencies with other states.
Current banknotes in circulation
Montenegro currently uses euro banknotes despite not being a member of the European Union. This decision was made unilaterally to stabilize the economy after years of hyperinflation. The banknotes in circulation are the same as in other Eurozone countries, with denominations ranging from €5 to €500.
Old Montenegrin banknotes
Before adopting the euro, Montenegro briefly used the Yugoslav dinar after the dissolution of Yugoslavia. However, the most significant period was between 1999 and 2002, when the country introduced the Deutsche Mark as legal tender. This change marked a milestone in Montenegrin notability, as it represented a step towards economic stability and monetary independence before the final adoption of the euro.
| Country | Montenegro |
| Flag | |
| Coin | Euro (EUR) |
| Continent | Europa |
| Capital city | Podgorica |
| ISO2 | ME |
| ISO3 | MNE |
| Catalogued banknotes | 16 |
If you are a collector, you can create your own collection and add your Montenegro banknotes, generate your own free pdf catalog from your control panel thanks to our complete database and use all our banknote management tools. In addition, once entered you can start exchanges with collectors from all over the world easily and for free. There are no limits at Foronum!
Valuable banknotes
The most valuable Montenegro banknotes sought after by collectors are the following:
Banknote Catalog
5 Perper
100 Perpera
10 Perper
5 Perpera
20 Perpera
1 Perper
2 Perper
50 Perpera
1 Perper
10 Perpera
2 Perpera
50 Perpera
100 Perpera
