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  World Paper Money Catalog and History

Montenegro banknotes
Montenegro paper money catalog and Montenegrian currency history

• A brief monetary history:
  • Turkish and Austrian currency, till 1910
  • Peper = (Austrian Krone) = 100 Para, 1910-1918
  • Yugoslavian currency, 1918-2005
  • Serbian currency, from 2005

• For earlier issues see:
  • Turkey, till 1910
  • Austo-Hungary, till 1910
• For later issues see:
  • Yugoslavia, 1919-2005
  • Serbia, from 2005

• To purchase Montenegrian banknotes, please check our inventory :
  World banknotes countries A-Z

Pick #	Date
		Kingdom 1878-1918 (from 1918 part of Yugoslavia)
1-6	1912	1, 2, 5, 10, 50, 100 Perpera
7-14	1914	1, 2, 5, 10, 20, 50, 100 Perpera
15-21	1914	1, 2, 5, 10, 20, 50, 100 Perpera

		Austrian occupation World War 1
M1-147	(1916)	1, 2, 5, 5, 10, 10, 20, 20, 50, 50, 100, 100 Perpera; hand stamped validation: Belgrad, Cetinje, Ipek, Kolasin, Niksic, Plevlie, Podgorica, Stari Bar
M148-54	(1917)	1, 2, 5, 10, 20, 50, 100 Perpera