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| Issuer | K.u.K. Militärgeneralgouvernement in Montenegro (Austro-Hungarian Military General Governorate in Montenegro) |
|---|---|
| Year | 1917 |
| Type | Log in to see details |
| Value | 100 Perpera |
| Currency | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse carries parallel text in Serbian (Cyrillic and Latin scripts) and Albanian, specifying the instruments into which this note may be converted and the applicable exchange rate as established by the Supreme Military Commander's ordinance. The typeset text references the exchange ordinance of 16 June 1916 and subsequent regulations, concluding with the place and date of issue — Cetinje, 20 November 1917 — and the authority of the Imperial and Royal Military General Governor. |
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| Protection type | Watermark |
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| Comments |
When Austria-Hungary occupied Montenegro following King Nikola's flight into exile in January 1916, the military administration needed a local currency instrument that sat above the ordinary small-denomination scrip already in circulation. The 100 Perpera denomination — pegged nominally to the pre-war Montenegrin perpera — gave the Governorate a tool to manage larger transactions without importing Austrian crowns in volume, a logistical problem in the Balkans theatre.
The perpera itself had only existed as a currency since 1906, making this occupation issue a brief final chapter for a denomination that never fully took hold. Montenegro was absorbed into the Kingdom of Serbs, Croats and Slovenes in 1918, rendering the military scrip worthless almost immediately.