The official currency is the Euro (EUR). Visitors entering Montenegro with more than €2,000 (including travellers cheques or the equivalent in another currency) should declare the amount on entry. Without declaration on entry large amounts may be confiscated on departure. Serbian Dinars are not accepted in Montenegro and should be exchanged for Euros. There are ATMs, which accept international bank cards in major cities and towns, and most of the larger hotels, shops and main restaurants accept Diners Club, Visa and MasterCard, but American Express cards are less welcome. Money can be exchanged at the numerous banks in the towns and cities.
Currency Exchange Rates
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