What is the currency in Montenegro?
The currency in Montenegro is the euro. Each euro is divided into 100 cents.
When you’re buying currency for Montenegro, look out for the currency code EUR. And once you’re in Montenegro, you’ll see the symbol € used to show prices.
You’ll find Euro banknotes in denominations of 5, 10, 20, 50, 100, 200, and 500 - although the 200 and 500 EUR notes are seldom used. There are also 1 and 2 euro coins.
Cents come in coins of 1, 2, 5, 10, 20 and 50.
Use the Wise euro card to spend in Montenegrin currency.
The Wise euro travel money card lets you top up in your local currency, and switch to euro to spend when you’re in Montenegro. You’ll get the best rate for spending in euro - and can also hold and spend 50+ other currencies with the same card.
Get your Wise debit card online for free, to send and spend money around the world at the real exchange rate.
Simply top up your card and convert to the currency you need in real time using the Wise app.
You’ll always get the real exchange rate with no hidden costs, and you’ll avoid foreign transaction fees while withdrawing from ATMs abroad, paying in restaurants and shops, and buying your accommodation and flights.
Tips for exchanging currency in Montenegro.
- The mid-market rate is the true exchange rate - with no sneaky hidden fees. Use an online currency converter before your trip to get a feel for what your money is worth and make sure you get a fair rate when you buy your travel money. Convert GBP to EUR >
Familiarise yourself with the mid-market rate before your trip.
- Being offered to pay in your own currency at an ATM is a sneaky trick and causes many travellers to pay more than they need to. Always choose to pay in the local currency - in this case, euro - to cut your costs and get the best rates available.
Choose to be charged in Montenegro currency when withdrawing from ATMs.
- Withdraw money, pay for meals in restaurants or spend in shops in euro, all at the real exchange rate with the Wise debit card. Get your travel money card >
Use the Wise debit card to spend in Montenegro without rip-off fees.
Spending money in Montenegro.
Paying by credit or debit card in Montenegro
You'll usually be able to use your card to pay for your hotel bill in Montenegro, but cash is still preferred elsewhere.
ATMs in Montenegro
Finding an ATM in Montenegro isn't a problem unless you're really off the beaten track.
However, it's good to know ATMs tend to dispense large denomination notes which some retailers will not readily accept.
To get the best deal when spending on card or withdrawing money in Montenegro, don’t forget to use the Wise debit card to avoid sneaky exchange rate markups and excessive fees.
Other helpful currency guides.
Montenegrin currency FAQs.
The currency in Podgorica is the euro. Each euro is divided into 100 cents. When you’re in Montenegro you’ll see the symbol € written down in shops and on menus, and the currency code EUR used in exchange offices.
Get your Wise debit card and save on your trip to Montenegro.
Spend smart, save money. Avoid sneaky bank fees when travelling, with Wise.