Montenegrin Perper exchange rate Live chart (Montenegro currency, code:, symbol: )

From January 2002, Montenegro took a decision to officially and unilaterally adopt the euro as the only legal tender.



Montenegro currency : Montenegrin Perper (ISO 4217 currency code: , symbol: ) : 1 Montenegrin Perper (Црногорски перпер) = 100 para. Official currency of Montenegro (Црна Гора, Crna Gora), a country in southeast Europe on the Adriatic coast of the Balkans. The word Perper was from From 1906 to 1918, Montenegrin Perper is a former currency of Kingdom of Montenegro and Perper divided into 100 para. From 1922 to 1941, as part of Kingdom of Yugoslavia, Montenegro used Yugoslav dinar as the country's official currency. From 1941 to 1999, as a part of the Socialist Federal Republic of Yugoslavia, used the Yugoslav dinar as its official currency. From 1999, Montenegro established a dual currency system, in which both the dinar and Deutsche Mark would be used. From January 2001, Montenegro decided to take the Deutsche Mark as a sole legal tender, without using the Dinar as the national currency. From January 2002, Montenegro took a decision to officially and unilaterally adopt the euro as the only legal tender. Montenegro is not a member of the European Union, Eurozone nor does it have a formal monetary agreement with the EU, but it is one of the two territories (along with Kosovo) that has unilaterally adopted the euro in 2002 as its de facto domestic currency. The country name Montenegro means Black Mountain and derives from Venetian (Black Mountain). In 1878, Montenegro's independence was recognized by the Great Powers at the Congress of Berlin. In 1910, the country became a kingdom. After World War I, Montenegro became part of Yugoslavia, and following the breakup of Yugoslavia, the republics of Serbia and Montenegro together proclaimed a federation. In May 2006, following the independence referendum, Montenegro declared its independence and the confederation peacefully dissolved. Montenegro is a member of the UN, NATO, the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe, and the Central European Free Trade Agreement.