Back الجبل الأسود واليورو Arabic Чарнагорыя і еўра Byelorussian Чарнагорыя і эўра BE-X-OLD Montenegro und der Euro German Μαυροβούνιο και ευρώ Greek Montenegro y el euro Spanish Euro et Monténégro French Euro in Montenegro Italian Montenegro en de euro Dutch Montenegro e o euro Portuguese

Montenegro and the euro

Eurozone participation
European Union member states
(special territories not shown)
  20 in the eurozone
  1 in ERM II, without an opt-out (Bulgaria)
  1 in ERM II, with an opt-out (Denmark)
  5 not in ERM II, but obliged to join the eurozone on meeting the convergence criteria (Czech Republic, Hungary, Poland, Romania, and Sweden)
Non–EU member states
  4 using the euro with a monetary agreement (Andorra, Monaco, San Marino, and Vatican City)
  2 using the euro unilaterally (Kosovo and Montenegro)

Montenegro is a country in Southeast Europe, which is neither a member of the European Union (EU) nor the Eurozone; it does not have a formal monetary agreement with the EU either. However, it is one of the two territories (along with Kosovo) that has unilaterally adopted the euro[a] in 2002 as its de facto domestic currency and legal tender.[1] [2][better source needed]


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  1. ^ "Euro used as legal tender in non-EU nations – Business – International Herald Tribune – The New York Times". iht.com. Retrieved 2020-03-21.
  2. ^ "The euro outside Europe". European Central Bank. Retrieved 2020-03-03.

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