One of the main proclaimed goals of the Central Bank of Montenegro is the accession of the country to the Eurozone.

Montenegro does not mint, issue or print euro coins or notes and imports them from other countries that are part of the Eurozone.

The Constitution of Montenegro defined it as "an independent organization responsible for the monetary and financial stability and functioning of the banking system".

The Montenegrin monetary system was euroized on 2 November 1999, when the German Mark was adopted as legal tender alongside the Yugoslav Dinar.

Since January 2001, the sole means of payment has been the German mark until the country unilaterally adopted the euro at end-March 2002.