- \n
- Currency of Montenegro: Key Points<\/a><\/li>\n\n\n\n
- Where You Can Pay by Card and Where Cash Is Needed<\/a><\/li>\n\n\n\n
- Montenegro\u2019s Banks: What to Do If You Arrive with Dollars<\/a><\/li>\n\n\n\n
- Tips for travellers<\/a><\/li>\n<\/ul>\n\n\n\n
\n\n\n\nIt will be difficult for you to plan your dream trip to Montenegro without these websites<\/h5>\n\n\n\n
\n\n![\"air](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/themes\/maktub\/assets\/images\/transparent.gif\")
<\/a>Cheap Flights<\/strong><\/figcaption><\/figure><\/div><\/div>\n\n\n\n \n<\/a>Car Rental<\/strong><\/figcaption><\/figure><\/div><\/div>\n\n\n\n \n<\/a>Excursions and tours<\/strong><\/figcaption><\/figure><\/div><\/div>\n<\/div>\n\n\n\n \n\n<\/a>eSIM mobile data<\/strong><\/figcaption><\/figure><\/div><\/div>\n\n\n\n \n<\/a>Travel Insurance<\/strong><\/figcaption><\/figure><\/div><\/div>\n\n\n\n \n<\/a>Accommodation<\/strong><\/figcaption><\/figure><\/div><\/div>\n<\/div>\n\n\n\n\n ![\"Currency](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/10\/visa-begin.jpg\")
This is what Euro cents look like, but in Montenegro, 1, 2, and 5-cent coins are almost out of circulation, and no one gives change in them. Prices are rounded to the nearest 10 or even 20 cents.<\/em><\/figcaption><\/figure>\n\n\n\n Currency of Montenegro: Key Points<\/h2>\n\n\n\n
Let me break it down clearly so you get a structured overview:<\/p>\n\n\n\n
- \n
- Montenegro is not part of the European Union<\/strong>\u2014it is only a candidate for membership. Based on the experience of other countries, a country can remain a candidate for a decade or more.<\/li>\n\n\n\n
- Montenegro is not part of the Eurozone.<\/strong> The Eurozone consists of countries that officially use the Euro as their currency. However, Montenegro adopted the Euro unilaterally, meaning it is not officially part of the Eurozone.<\/li>\n\n\n\n
- In 2009, the Montenegrin government decided to use the Euro as the national currency<\/strong> but chose not to join the European Central Bank. Since then, the Euro has been Montenegro\u2019s official currency.<\/li>\n<\/ul>\n\n\n\n
For more details on Montenegro\u2019s EU status and why it adopted the Euro, check out the article: Is Montenegro in the EU or Not?<\/a><\/em><\/p>\n\n\n\n
\n
Good to know:<\/strong><\/p>\nMany people wonder how a country can use a foreign currency without any formal agreement.<\/cite><\/blockquote>\n\n\n\n
It\u2019s quite simple. Montenegro has a population of only about 600,000<\/strong>, with over 100,000 expats<\/strong> who earn money abroad but spend it locally. Additionally, over 3 million tourists<\/strong> visit Montenegro annually, bringing in foreign currency\u2014mainly Euros. The country also has local industries, agriculture, and a strong export sector.<\/p>\n\n\n\n
As a result, Montenegro has a large budget surplus<\/strong>\u2014it receives far more foreign currency than it needs for domestic circulation. This means there is no need for a central bank to print money or regulate the Euro. Tourists bring in enough Euros to keep the economy running smoothly.<\/p>\n\n\n\n\n\n\n
Where You Can Pay by Card and Where Cash Is Needed<\/h2>\n\n\n\n
Montenegro is a modern country, and you can pay by card almost everywhere<\/strong>. However, there are exceptions. Here\u2019s a general guide to where card payments are accepted and where you should carry cash.<\/p>\n\n\n\n
You Can Pay by Card At:<\/strong><\/p>\n\n\n\n
\u2714 Supermarkets and grocery stores
\u2714 Almost all caf\u00e9s, restaurants, and bars
\u2714 Newspaper kiosks when buying a SIM card (Check out the guide on internet options in Montenegro<\/a> here<\/em>)
\u2714 Hotels (Important: hotels accept cards, but private apartments usually require cash<\/em>)
\u2714 Toll roads and car rentals (Read about renting a car, driving rules, parking, and roads in Montenegro<\/a><\/em>)
\u2714 Gas stations<\/p>\n\n\n\nWhere You\u2019ll Likely Need Cash:<\/strong><\/p>\n\n\n\n
Even in some caf\u00e9s and restaurants, card payments are sometimes not accepted<\/strong>, so always carry cash just in case.<\/p>\n\n\n\n
Here are some places where cash is usually required<\/strong>:<\/p>\n\n\n\n
- \n
- Entrance fees for attractions, activities, and excursions (e.g., the zipline over the Tara River Canyon and entry to Durmitor National Park<\/a>\u2014read more about this amazing park here<\/em>)<\/li>\n\n\n\n
- Taxis<\/li>\n\n\n\n
- Private apartment rentals<\/li>\n\n\n\n
- Souvenirs (Check out what souvenirs to bring back from Montenegro<\/a><\/em>)<\/li>\n\n\n\n
- Some small taverns (Always ask in advance if they accept cards if that\u2019s important to you<\/em>)<\/li>\n<\/ul>\n\n\n\n
![\"montenegro](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/10\/visa-1.jpg\")
Prices in tavern menus are in Euros. It’s a good idea to check if they accept cards before ordering, if that’s important to you.<\/figcaption><\/figure>\n\n\n\n\n\n\n Montenegro\u2019s Banks: What to Do If You Arrive with Dollars<\/h2>\n\n\n\n
As you\u2019ve probably realized, the best currency to bring to Montenegro is the Euro<\/strong>. When you land, there\u2019s no need to exchange money\u2014you can immediately pay for a taxi or go straight to a restaurant without any hassle.<\/p>\n\n\n
<\/i>You can exchange money at any bank, and exchange rates are more or less the same everywhere. ATMs are also widely available for cash withdrawals.<\/div>\n\n\n\nMontenegrin banks will easily exchange<\/strong> the following currencies:
\u2714 US Dollars
\u2714 British Pounds
\u2714 Canadian Dollars
\u2714 Swiss Francs<\/p>\n\n\n\n\n
Advice:<\/strong><\/p>\nThe exchange rate for other currencies is not the best, therefore, it is better to exchange your currency for the Euro or one of the currencies above before traveling to Montenegro.<\/cite><\/blockquote>\n\n\n\n\n\n\n
Currency in Montenegro: tips for travellers<\/h3>\n\n\n\n
Here are a few tips\u2014some may seem obvious, but others might help you save money and avoid inconveniences<\/strong>:<\/p>\n\n\n\n
\u2714 Always carry small Euro denominations<\/strong>\u2014many places lack small change, especially in souvenir shops and small stores.
\u2714 1, 2, 5, and even 10 Euro cents are rarely used<\/strong>\u2014shops often round prices down instead of giving out small coins.
\u2714 Check with your bank before traveling<\/strong>\u2014if they have partner banks in Montenegro, you might pay lower ATM fees or even avoid them entirely.
\u2714 It doesn\u2019t matter where you exchange money<\/strong>\u2014rates are nearly identical across banks.
\u2714 Avoid bringing \u20ac200 and \u20ac500 bills<\/strong>\u2014they are difficult to break, and many places won\u2019t accept them. You\u2019d have to visit a bank to exchange them.<\/p>\n\n\n\nFinal Thoughts:<\/strong><\/h3>\n\n\n\n
Montenegro\u2019s currency is the Euro<\/strong>. Bring Euros with you\u2014both cash and a card<\/strong>\u2014and you\u2019ll have no trouble paying anywhere in the country.<\/p>\n\n\n\n
\n\n\n\nResources to help you plan your dream trip to Montenegro<\/strong><\/p>\n\n\n\n
- \n
- WayAway<\/a>: Cheap flights<\/span> and best deals.<\/li>\n\n\n\n
- Car rental<\/strong> in Montenegro:\n
- \n
- LocalRent<\/a><\/strong> – works with local rental companies. Leader in car rental in Montenegro.<\/li>\n\n\n\n
- DiscoverCars <\/a>– a large international platform.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Budget-friendly vacation packages<\/strong> to Montenegro: CheapOair<\/a>.<\/li>\n\n\n\n
- Hotels and apartments<\/strong> all over the country: \n
- \n
- Trip.com<\/a><\/strong> – the most popular accommodation booking platform<\/li>\n\n\n\n
- TripAdvisor<\/a> compares the prices among dozens of other booking services and offer the best price<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Tours, excursions and activities<\/strong> (including extreme ones):\n
- \n
- GetYourGuide<\/a><\/strong> – more than 800 tours<\/li>\n\n\n\n
- Viator<\/a><\/strong> – 1000+ excursions and activities throughout the country<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Comprehensive travel insurance<\/strong>: EKTA<\/a><\/strong><\/li>\n\n\n\n
- Internet and Calls<\/strong>:\n
- \n
- Airalo eSIM<\/a><\/span> in Montenegro<\/li>\n\n\n\n
- Drimsim<\/a> – universal sim card for frequent traveler<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Taxi and airport transfers<\/strong>: Intui.Travel<\/a><\/strong><\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"
If you’re only interested in a quick answer\u2014 currency of Montenegro is the Euro. But the situation is not as simple as it seems. Readers…<\/p>\n","protected":false},"author":2,"featured_media":1078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-1076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-info"],"_links":{"self":[{"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/posts\/1076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/comments?post=1076"}],"version-history":[{"count":12,"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/posts\/1076\/revisions"}],"predecessor-version":[{"id":6024,"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/posts\/1076\/revisions\/6024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/media\/1078"}],"wp:attachment":[{"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/media?parent=1076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/categories?post=1076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/travel-4-fun.com\/montenegro\/wp-json\/wp\/v2\/tags?post=1076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Drimsim<\/a> – universal sim card for frequent traveler<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Viator<\/a><\/strong> – 1000+ excursions and activities throughout the country<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- TripAdvisor<\/a> compares the prices among dozens of other booking services and offer the best price<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- DiscoverCars <\/a>– a large international platform.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Car rental<\/strong> in Montenegro:\n
- Montenegro is not part of the Eurozone.<\/strong> The Eurozone consists of countries that officially use the Euro as their currency. However, Montenegro adopted the Euro unilaterally, meaning it is not officially part of the Eurozone.<\/li>\n\n\n\n
- Where You Can Pay by Card and Where Cash Is Needed<\/a><\/li>\n\n\n\n
![\"air](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/12\/shapka-bilety.png\")
<\/a>![\"car](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/12\/shapka-rentcar.png\")
<\/a>![\"excursions](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/12\/shapka-ekskursii.png\")
<\/a>![\"Package](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/12\/shapka-tours.png\")
<\/a>![\"Insurance](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/12\/shapka-insuarence.png\")
<\/a>![\"hotels](\"https:\/\/travel-4-fun.com\/montenegro\/wp-content\/uploads\/sites\/2\/2022\/12\/shapka-hotel.png\")
<\/a>