The name of the monastery is taken from the peach-scented water of the nearby spring (praskva, diminutive praskvica, meaning a "peach").

Serbian tennis star Novak Djokovic married Jelena Ristić on 12 July 2014 in this church.

[12] In 1813, when Montenegrin Littoral became part of the Illyrian Provinces, monastery was plundered by Napoleonic forces.

[14] At the beginning of the 19th century, he took ten years to build a 3-kilometer stone road from Sveti Stefan to the monastery.

[16] A drama by the same name, written by Serbian playwright Vida Ognjenović, was inspired by the story about Stroganov.