When going on vacation to Budva, Igalo or Kotor, tourists are often interested in the money side of the issue. What is the currency in Montenegro? What to pay and what money to take with you? And these doubts are completely justified. They are caused by the fact that the country has been on the threshold of joining the European Union for many years, but is not yet part of it. Consequently, associations with the euro have not yet emerged. Despite this, the currency of Europe has long been actively used in this resort country.

Why euro?

Member of the European Union has long dreamed of becoming Montenegro. What is the currency in its territory? Surprisingly, it is the euro. But you shouldn’t be surprised at this fact: many other countries that are not in the union actively use the European currency - Andorra, Monaco, the Vatican, and so on. As for Montenegro, this situation has developed historically. At first, the state used dinars, but after the collapse of Yugoslavia, it “attached itself” to German marks. Therefore, when Germany switched to the euro, Montenegro automatically followed it. She has no right to issue her own money, therefore she is content with the inflow of finances from outside.

Currency in Montenegro: exchange rate and exchangeBut here you can get collection coins from any country in the Eurozone. And this fact is very pleasing to the local and visiting numismatists. Euro in Montenegro appeared in 2002. From that moment on, it quickly came into use. Traditionally in 1 euro - 100 eurocents. Most often you can find banknotes in denominations of 5 to 50.

Going on vacation, do not take rubles with you. Changing them here is absolutely unprofitable. It is better to perform all the necessary operations at home and only after that get on a plane. Difficulties are also possible with any other currency. The only alternative will be the dollar: it is easiest to exchange it here. Try to keep your bills small. Even a banknote of 100 euros causes the sellers to be perplexed: most likely, they will not be able to give you the change and will be sent to exchange the money, which is also not easy. Paying a 500-euro note is generally considered the height of indecency: they will not understand you from an ethical and moral point of view, since by local standards it is space money.

The currency in Montenegro is the euro, so it’s necessary to have a few bills of this currency in your pocket: all prices are indicated in it. A big plus of this country is that the prices here are relatively low. One euro can be bought for almost 70 rubles. Ukrainians will receive it by paying 25 hryvnia, Belarusians - 19 rubles. The ratio between the euro and the dollar is minimal: 1: 1.06.

Where to change money?

Montenegro boasts a large number of banks. The local currency (euro) will be received by you after the transaction in any financial institution. Banks open at 8 am and work until 17.00. Weekend - only Sunday or local holiday. But there is one problem: banks usually work only in big cities. In the usual beach area to find a branch is almost impossible. This also applies to exchange points. By the way, they are found not only in large tourist centers, but also on important transportation hubs.

If you need to exchange money on a day off, you will have to look for mail - here you will also change the currency. Fortunately, the organization’s offices are scattered throughout the country and function daily. That's just the course here is predatory, and the commission is high. Therefore, as you already understood, having cash on hand is the best option. This must be taken care of, arriving in Montenegro. By the way, if you want to live in a big way and never refuse anything, then for 7 days you need to set aside 500 euros per person. Ten days require reserves of 700 monetary units, and two weeks will cost a thousand euros.

Bank cards

In order not to carry a huge amount of money in cash, especially if you are traveling with a large family, it is better to use cards. Montenegro is a civilized state, it is not difficult to pay here in this way. Remember: America is Visa, Europe is Mastercard. Since the currency in Montenegro is the euro, the second payment system is more suitable for you. If you have a Mastercard, then your rubles are immediately converted into euros. With Visa, they are first converted into dollars. Unlike Asian countries, fraud in Montenegro does not flourish. But to warn your bank about the trip will never be over.

As already mentioned, the locals love rustling bills. The national currency of Montenegro is always welcome, but especially she is pleased when you pay in cash. They do not like cards: they are obliged to accept them in large shopping centers, but there will be problems with ordinary sellers in the market or in a small store. Another nuance: even if there is a terminal in a public place, do not flatter yourself - it can serve as an interior decoration, being in a broken, inoperative state. In addition, the amount debited from the card does not immediately go to pay for goods or services. At first, she kind of cashes out - again, at a predatory rate and with a huge commission. Therefore, be careful.

Price level

Knowing what currency in Montenegro is now actively used, it is possible to conduct a comparative analysis with other states. Unlike Western Europe, prices in this state are rather low, but at the same time they are much higher than in other Balkan powers - with the exception of Croatia. In addition, the cost of goods and services in different regions of the country is very different: in the coastal zones, it is about a third more. But this rule does not apply to hotels, which, on the contrary, is more expensive in the central part of Montenegro.

Prices for excursions here are average - 40 euros for the whole day. The trip usually provides for a free tasty lunch or dinner. The cost of products from Moscow is not much different. For example, a hamburger can be bought for 1.50 euros, for a huge slice of pizza pay 2 euros. Usually a day for food takes 20 euros. If you want to go to restaurants, then you need to double the expense item. For lunch you pay from 5 to 15 euros, the portions are very large. Tips are usually left in restaurants and taxis - their size is already included in the check. This is usually 10% of the amount spent.

What should know the tourist

Considering such an aspect as the currency in Montenegro, one cannot argue that the prices here are quite small. In the summer season, the phenomenon and the concept of "cheap" are absent. This is especially true of the cost of housing. Seasoned tourists are advised to choose a ticket without food - it will cost less. It is better to buy products on your own, so you will significantly save. Shop in supermarkets - prices are lower there than on the market. Don’t waste a lot on souvenirs - there are few things in Montenegro that don’t feel sorry for the euro.

As for the customs declaration of currency, bypassing this process, you can import any amount into the country. But it is allowed to export no more than 500 euros. If you, when going home, have a large amount with you, you will have to submit a corresponding document indicating that a large amount of money has been imported. Therefore, if you anticipate such a situation, fill in all the forms at customs. Consider, Budva is one of the most expensive resorts, but there it is very beautiful. Resting in Tivat, Becici, Ulcinj or Bar, you save. But in these cities may have problems with excursions.