Montenegro uses the euro. The single currency EURO was introduced on January 1, 2002 in Montenegro. The coins in use are 1, 2, 5, 10, 20 and 50 cents and 1 and 2 euros, the banknotes are ranging from 5, 10, 20, 50, 100, 200 to 500 euros. The change of the foreign currency for example dollar, pound and others is provided by the exchanges, banks and post offices, but also hotels and travel agencies dispose of the exchange. The The post offices and most of the banks are exchanging without fees, but it is useful to be informed before the exchange. The major banks in Montenegro are Atlas Mont, Crnogorska komercijalna, Euromarket, Podgorička, Hipotekarna. Central bank is called Central Bank Crne Gore.
ATMs accepting Visa, MasterCard ,Diners, American Express and others. In most hotels and larger restaurants and supermarkets you can pay by credit card.
Western Union transfers can be made at most banks and major post offices.
While you will be able to replace your money in exchange offices and post offices, however, it is recommended to bring a euro when you go to visit Montenegro. Smaller towns and villages are not prepared for these services and therefore it is sometimes difficult to exchange. It is suggested that when visiting small towns bring Euros for any case.
Opening hours post office and banks
The largest number of post office is open from 08.00 to 20.00 hours. During the summer, the coast and more.
Banks are open from 08.00 to 20.00 hours.