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5 Perper = 2,50 Münzperper (Kronen / Kruna / Koronë)
| Issuer | K.u.K. Militärverwaltung in Montenegro |
|---|---|
| Year | 1917 |
| Type | Standard circulation banknote |
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| Obverse description | Dark red and cream note with large numeral '5' corner vignettes set within ornate guilloche borders. The central text panel, printed in letterpress, carries the German-language order inscription 'ANWEISUNG auf FÜNF PERPER' with an extended explanatory text referencing the K.u.K. Militärverwaltung in Montenegro and the exchange ratio. Below, in bold type, the equivalent value is stated as 'ZWEI MÜNZPERPER FÜNFZIG PARA IN MÜNZEN oder ZWEI KRONEN FÜNFZIG HELLER', with a serial number in the upper right and a manuscript signature of the K.u.K. Militär-General-Gouverneur at lower centre, dated Cetinje, 5. Juli 1917. |
|---|---|
| Obverse lettering | ANWEISUNG auf FÜNF PERPER K.u.K. MILITÄRVERWALTUNG IN MONTENEGRO ZWEI MÜNZPERPER FÜNFZIG PARA IN MÜNZEN oder ZWEI KRONEN FÜNFZIG HELLER Cetinje, am 5. Juli 1917. Der K. u. K. Militär-General-Gouverneur |
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The K.u.K. Militärverwaltung in Montenegro issued this note as part of the Austro-Hungarian military occupation administration following Montenegro's capitulation in January 1916 — one of the faster collapses of the war, King Nikola fleeing to Italy within weeks of the offensive beginning. The dual denomination is not an error or a bilingual courtesy: the Perper was Montenegro's pre-war currency, and the Krone equivalency was imposed to integrate the occupied territory into the Habsburg monetary system, fixing the exchange at two Perper to one Krone.
The series circulated under military authority rather than any banking institution, which is why no issuing bank appears on the note.