This website uses cookies to ensure you get the best experience on our website.

I understand
More info
CBCG Logo - Montenegro
  • Contact
  • Site map
  • FAQ
  • Access to Information
Search Search
  • About us About us
    History, goals and functions
    • History
    • Objectives and Functions
    • CBCG Independence and Transparency
    • Policy for the Attainment of Objectives and the Exercising of Functions
    • CBCG and Climate Changes
    • Recommendations to the Government of Montenegro for Economic Policy
    Governance, Management and Organisation
    • Governance
    • Management
    • Standing Bodies of the Council
    • Organisation
    • Working Bodies
    • Strategic Plan 2025-2028
    Legislation
    • Constitution of Montenegro
    • Laws
    • Statute
    • Regulations
    Prevention of Corruption and Integrity Protection
    • Prevention of Corruption
    • Integrity Protection
    Internal Audit
    Audit by the State Audit Institution
    CBCG Cooperation with Other State Authorities and Organisations
    International Cooperation
    • International Institutions
    • Cooperation with EU Institutions
    • Technical Cooperation
    Operational Risk Management
    • Basic Principles
    • Methodological Framework
    • Information Security and Business Continuity
    • Committee for operational risk, information security and business continuity management
    Financial Activities
    • Financial Plan
    • Rulebook on Accounting
    • Guidelines for the selection of an independent external auditor
    • Annual Financial Statements with the Independent external Auditor’s Report
    Corporate Social Responsibility
    • Financial Education
    • Encouraging Scientific Research
    • Student scholarship
    • Women On Boards
    • Preservation of Cultural and Historical Heritage
    • Donations and Humanitarian Activities
    • Corporate Environmental Responsibility
    • Responsibility towards Employees
    Contact
  • Core functions Core functions
    Monetary Policy
    • Objectives
    • Euroisation
    • Instruments
    Financial Stability
    • Role and activities of the CBCG
    • Financial System of Montenegro
    • Indicators and Reports
    • Macroprudential Measures
    • Payment System Oversight
    Supervision
    • Banking System
    • Financial Service Providers
    • Balance Sheets and Profit and Loss Statements of Banks
    • Weighted average interest rates on outstanding loans by the bank
    • Financial Statements of Banks
    • Recognized Rating Agencies
    • Credit Registry
    • AQR
    • Cooperation agreements
    Financial and Banking Operations
    • International Reserves
    • International Payment Transactions
    • Reserve Requirement
    • Fiscal Agent – Treasury Bills
    • Default Interest Rate
    • FX Reference Rates
    • Memorandums of Understanding
    Payment System
    • Registers
    • CBCG Payment System
    • Overview of the tariffs of the Central Bank of Montenegro
    • Fees for Services Related to a Consumer Payment Account
    • Payment system statistics
    • Central Register of Transaction Accounts of Legal Persons and Entrepreneurs
    • Enforced Collection
    • Cooperation Agreements
    Resolution of Credit Institutions
    • Resolution Objectives
    • Critical Functions of Credit Institutions
    • Resolution Tools
    • Resolution Fund
    • MREL
    • Independent Valuers
    • Summary of Internal Acts Governing the Organisation of Activities from the Area of Resolution of Credit Institutions
    • Bilateral Cooperation Arrangement Between the SRB and CBCG
    Research and Forecast
    • Centre for Macroeconomic and Financial Research and Forecasting
    • Inflation Forecasts
    • GDP Projections
    Supervision of Compliance and Protection of Rights
    • Supervision in the Area of Prevention of Money Laundering and Terrorist Financing
    • Protection of the Rights of Credit Institutions’ Clients and Users of Financial Services
    • Cooperation Agreements
  • Currency Currency
    Money in Circulation
    • Banknotes
    • Coins
    Euro Area
    Protection of Euro Banknotes and Coins against Counterfeiting
    • Security Features
    • List of Successfully Tested Devices
    Replacement of Unfit Currency
    Jubilee Money
    Money Museum
    • About the Museum
    • Money in Montenegro through History
    • Current
    • Permanent Exhibitions
    • Exhibits and Other Events
    • Publications
    • Gallery/Multimedia
    • Contact
  • Statistics Statistics
    CBCG Competence for Statistics
    Enhanced General Data Dissemination System (e-GDDS)
    Release Calendar
    Cooperation Agreements
    Statistical Data
    • Monetary and Financial Statistics
    • Financial Soundness Indicators
    • Interest Rates
    • T-bills Statistics
    • Capital Market
    • International Economic Relations
    • Payment System
    • Real Economy
    • Fiscal Developments
  • Publications Publications
    Regular Publications
    • Calendar
    • Governor’s Report
    • Central Bank of Montenegro Annual Report
    • Financial Stability Report
    • Inflation Report
    • CBCG Bulletin
    • CBCG Macroeconomic Report
    • Report on Bank Lending Survey Results
    • International Financial Market Report
    Other Publications
    • Report on the Results of the Macroeconomic Risk Analysis
    • Working Papers
    • Our Books
  • Public Relations Public Relations
    News
    • Press releases
    • Events
    Media
    • Interviews and texts
    Blog
    Multimedia
    • Video
    Bids and Advertisements
    • Job Vacancies
    Information
    • FAQ
    • Access to Information
    • Working Days
    • Useful links
    E-Services
    • CBCG Auction Platform Access
    • Resident Reporting
    • Enforced Collection System Access
    • Accessing Data from the Central Register of Transaction Accounts
    • Web service Search of legal persons and entrepreneurs in the ISPN and CRTR
    • PKI – Certificates for Advanced Electronic Stamp for Payment System Participant
  • Journal Journal
    Journal of Central Banking Theory and Practice
    • Current Issue
    • Archive
    • Aims&Scope
    • Author Guidelines
    • Editorial Board
    • Indexing
    • Contact Information
  • Search
  • MNE
09/07/2025

CBCG Limits Fees for SEPA Payments: Citizens and the Economy to Save Millions

The first daily transfer of up to 200 euros will cost a maximum of 2 euro cents

More
04/07/2025

Montenegrin Delegation Meets World Bank Vice President: Montenegro a Reliable Partner

During their stay in Luxembourg, where they are participating in the annual meeting of the International Monetary Fund and the World Bank Constituency Meeting, the Montenegrin delegation led by the Minister of Finance Novica Vuković and the CBCG Governor Irena Radović met with the World Bank Vice President for Europe and Central Asia, Antonella Bassani.

More
04/07/2025

Governor Radović at the Annual Meeting of the IMF and the World Bank Constituencies

The CBCG Governor, Irena Radović, participates in the regular Annual Meeting of the IMF and the World Bank Constituencies, held from 2 to 4 July in Luxembourg.

More
03/07/2025

Governor Radović Meets the BCL Governor

CBCG Governor Irena Radović visited the headquarters of the Banque Centrale du Luxembourg (BCL), where she met with Governor Gaston Reinesch.

More
30/06/2025

Governor Radović at the BIS Annual Meeting: Trade Tensions and Digital Transformation in the Focus of Discussions

The CBCG Governor, Irena Radović, attended the Annual General Meeting of the Bank for International Settlements (BIS), held in Basel from 28 to 29 June.

More
    • Latest
    • Press releases
    • Events
    • Publications
    CBCG Limits Fees for SEPA Payments: Citizens and the Economy to Save Millions
    Press releases

    09/07/2025

    CBCG Limits Fees for SEPA Payments: Citizens and the Economy to Save Millions

    More
    Montenegrin Delegation Meets World Bank Vice President: Montenegro a Reliable Partner
    Press releases

    04/07/2025

    Montenegrin Delegation Meets World Bank Vice President: Montenegro a Reliable Partner

    More
    Governor Radović at the Annual Meeting of the IMF and the World Bank Constituencies
    Press releases

    04/07/2025

    Governor Radović at the Annual Meeting of the IMF and the World Bank Constituencies

    More
    Governor Radović Meets the BCL Governor
    Press releases

    03/07/2025

    Governor Radović Meets the BCL Governor

    More
    CBCG Limits Fees for SEPA Payments: Citizens and the Economy to Save Millions
    Press releases

    09/07/2025

    CBCG Limits Fees for SEPA Payments: Citizens and the Economy to Save Millions

    More
    Montenegrin Delegation Meets World Bank Vice President: Montenegro a Reliable Partner
    Press releases

    04/07/2025

    Montenegrin Delegation Meets World Bank Vice President: Montenegro a Reliable Partner

    More
    Governor Radović at the Annual Meeting of the IMF and the World Bank Constituencies
    Press releases

    04/07/2025

    Governor Radović at the Annual Meeting of the IMF and the World Bank Constituencies

    More
    Governor Radović Meets the BCL Governor
    Press releases

    03/07/2025

    Governor Radović Meets the BCL Governor

    More
    Press releases
    ANNOUNCEMENT: Governor Radović at the BIS annual meeting
    Events

    27/06/2025

    ANNOUNCEMENT: Governor Radović at the BIS annual meeting

    More
    ANNOUNCEMENT: Presentation of certificates to Participants of the Second Generation of the Woman on Boards Programme
    Events

    17/06/2025

    ANNOUNCEMENT: Presentation of certificates to Participants of the Second Generation of the Woman on Boards Programme

    More
    ANNOUNCEMENT: XII Regional Summit of Governors, Ministers of Finance and Directors of Tax Administrations Begins in Bečići
    Events

    12/06/2025

    ANNOUNCEMENT: XII Regional Summit of Governors, Ministers of Finance and Directors of Tax Administrations Begins in Bečići

    More
    Public Invitations for Creating Conceptual Designs for Commemorative Coins
    Events

    16/05/2025

    Public Invitations for Creating Conceptual Designs for Commemorative Coins

    More
    Events
    CBCG Bulletin May 2025
    Publications

    18/06/2025

    CBCG Bulletin May 2025

    More
    Report on Bank Lending Survey Results (Q1 2025)
    Publications

    10/06/2025

    Report on Bank Lending Survey Results (Q1 2025)

    More
    Inflation Report quarter III, 2024
    Publications

    31/01/2025

    Inflation Report quarter III, 2024

    More
    Central Bank of Montenegro Macroeconomic Report 2023
    Publications

    31/12/2024

    Central Bank of Montenegro Macroeconomic Report 2023

    More
    Publications
    Responsive image Responsive image
    Responsive image Responsive image

    Shortcuts


    • Lower Interest Rates Offered by Credit institutions
    • Job Vacancies
    • Fees for Services Related to a Consumer Payment Account
    • Informative List on Offered Consumer Loans
    • Financial Stability Council
    • Money Museum
    • E-Services
    • FINTECH
    • Legislation
    • Fiscal Agent – Treasury Bills
    • Regional IPA project – Phase II

    FX Reference Rates


    Euro Foreign Exchange Reference Rates as at: 11/07/2025

    All currencies quoted against the euro (base currency).

    Note: The quoted rates shall apply as of 00:00 12/07/2025

    Download

    FX Reference Rates Archive

    FX Reference Rates Archive - Calendar

    Currency Spot
    USDUS DOLLAR1.16830
    JPYJAPANESE YEN171.81000
    BGNBULGARIAN LEV1.95580
    CZKCZECH KORUNA24.66700
    DKKDANISH KRONE7.46150
    GBPPOUND STERLING0.86570
    HUFHUNGARIAN FORINT400.03000
    PLNPOLISH ZLOTY4.25750
    RONROMANIAN LEU5.07860
    SEKSWEDISH KRONA11.14800
    CHFSWISS FRANC0.93100
    ISKICELANDIC KRONA142.60000
    NOKNORWEGIAN KRONE11.83050
    TRYTURKISH LIRA46.93560
    AUDAUSTRALIAN DOLLAR1.77770
    BRLBRASILIAN REAL6.50210
    CADCANADIAN DOLLAR1.60070
    CNYCHINESE YUAN RENMINBI8.37410
    HKDHONG KONG DOLLAR9.17110
    IDRINDONESIAN RUPIAH18945.50000
    ILSISRAELI SHEKEL3.89580
    INRINDIAN RUPEE100.26600
    KRWSOUTH KOREAN WON1606.41000
    MXNMEXICAN PESO21.89040
    MYRMALAYSIAN RINGGIT4.96820
    NZDNEW ZEALAND DOLLAR1.94470
    PHPPHILIPPINE PISO65.99300
    SGDSINGAPORE DOLLAR1.49610
    THBTHAI BAHT37.92300
    ZARSOUTH AFRICAN RAND20.98450

    EUR/USD

    Statistical data


    Annual CPI Inflation May 2025 3.9%
    Default Interest Rate 1 July - 31 December 2025 10.15%
    Weighted average effective interest rate on total loans May 2025 6,34%
    Weighted average effective lending interest rate - new loans May 2025 5,85%
    Weighted average interest rates on outstanding loans by the bank 31 May 2025 -
    Total FDI inflow April 2025
    International Financial Market Report 30 June - 04 July 2025
    Job Vacancies
    More
    CBCG Green Award
    More
    Student scholarship
    More
    Women On Boards
    More
    CBCG Annual Award
    More
    Global Money Week
    More
    Financial Education
    More
    Savings Week
    More
    Jubilee Money
    More

      FAQ


      • How to get a certificate that your company is not blocked?
      • Questions and answers regarding the manner of application of the Decision on interim measures to reduce the adverse effects of the impact of the new coronavirus outbreak on the financial system after the mitigating measures to protect the population against communicable diseases
      • The moratorium on loan repayment and benefits to bank clients during the Government of Montenegro’s interim measures to mitigate the effects of the new coronavirus pandemic
      • How and where to exchange damaged banknotes?
      • Whose accounts may the CBCG freeze?
      More

      CENTRAL BANK OF MONTENEGRO

      Blvd. Svetog Petra Cetinjskog 6

      81000 Podgorica

      Opening hours: 08:00 - 16:00

      Location


      Novaka Miloševa bb

      81000 Podgorica

      Opening hours: 08:00 - 16:00 

      Location

      MONEY MUSEUM

      Njegoševa 122

      41000 Cetinje

      Opening hours: 08:00 - 16:00

      Location

      2025 CBCG | All Rights Reserved.