[1] According to a baseless folk story by Orthodox clergy which can be traced to 1811, but mainly invented and promoted by Nikodim Milaš in his Pravoslavna Dalmacija (1901), the Dragović Monastery was built in 1395, six years after the Battle of Kosovo, and after the death of Bosnian King Tvrtko, when supposedly Serbs from Bosnia moved en masse to Dalmatia, where they built this monastery.

[1] Based on reliable historical sources the monastery was possibly founded before the restoration of Serbian Patriarchate of Peć in 1557, and most probably by the end of the 16th century, but it would become desolate for a long time.

[citation needed] In 1959, when the artificial lake for the hydroelectric power station Peruća had been made by the Yugoslav Communists, monastery Dragović was moved on a hill not far from the old fortress called Gradina.

[citation needed] Between 1991 and 1993, during the Croatian War of Independence, the monastery was broken into several times,[7] and in 1995 it was abandoned, after which the church was devastated and desecrated, making it unhabitable.

Thus with the decree of Bishop Fotije, on 15 September 2004 monastery Dragović received a new brotherhood, and hieromonk Varsonufije (Rašković) was appointed their Father Superior.

[citation needed] Monastery Dragović used to have a rich treasury, in which was kept a number of manuscripts from 16th-18th centuries, as well as very old books written in Greek, Latin, Italian, Russian and Church Slavic.