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Country Guide > Europe > Serbia and Montenegro | |
Currency The official currency in Serbia is the New Yugoslav Dinar. New Yugoslav Dinar (YUM) = 100 paras. Notes are in denominations of YUM5000, 1000, 200, 100, 50, 20 and 10. Coins are in denominations of YUM5, 2 and 1 and 50 paras. The official currency in Montenegro is the Euro. Euro (¬) = 100 cents. Notes are in denominations of ¬500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of ¬2 and 1, and 50, 20, 10, 5, 2 and 1 cents. Currency exchange As elsewhere in the ex-Yugoslav republics, the only true repositories of value and frequently exchanged currencies are the Euro and the US Dollar (the Pound Sterling is rarely used in the republic). Money should be exchanged through official exchange offices only. There are very few ATMs that accept international bank cards. There are eight money-exchange machines in Belgrade (including one at the airport), accepting Sterling, American dollars and Euros, giving back Dinars. Scottish and Northern Irish pound sterling bank notes are not accepted. Credit & debit cards Amex, MasterCard and Visa are sometimes accepted. Travellers cheques Although acceptable in theory, in practice these can be very hard to exchange. It is advisable to take hard currency and credit or debit cards. Currency restrictions All visitors must complete the customs currency declaration form upon arrival and declare (including travellers cheques) money in excess of ¬2000 or 120,000 Dinars. Any currency not declared on the form can be confiscated when leaving the country. Exchange rate indicators The following figures are included as a guide to the movement of the New Yugoslav Dinar and the Euro against Sterling and the US Dollar:
Banking hours Mon-Fri 0700-1500, Sat 0800-1400. |