Montenegrin Perper

Montenegrin Perper

The perper (Serbian Cyrillic: Перпер; plural перпери) was the currency of Montenegro between 1906 and 1918. The name was adopted in accordance to the earlier Serbian perper, the currency of the Serbian Empire, to which the Principality, later Kingdom of Montenegro, consider itself a successor. It was divided into 100 pare (singular para, Serbian: паре, пара) and was equivalent to the French franc as part of the Latin Monetary Union. The perper was replaced by the dinar when Montenegro became part of the Kingdom of the Serbs, Croats and Slovenes (later Yugoslavia).

At the end of the 20th century, Montenegro contemplated issuing the perper again. However, it decided to adopt the Deutsche mark instead, and later followed the change to the euro.

Read more about Montenegrin Perper:  Coins, Banknotes