Montenegro and the euro government of Montenegro will adopt some certain elements which should fulfil the conditions for further use of the euro, such as adopting fiscal rules." Unlike official members of the eurozone, Montenegro does not mint coins and therefore has no distinctive national design. Montenegro and the euro Montenegro has no currency of its own. From 1996 the Deutsche Mark was the "de facto" currency in all private and banking transactions and it was formally adopted as Montenegro's currency in November 1999. The mark was replaced by the euro in 2002 without any objections from the European Central Bank (ECB). The European
50 euro note became the currency of over 300 million people in Europe. For the first three years of its existence it was an invisible currency, only used in accounting. Euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the 12 countries in the eurozone, such as the Dutch guilder and the Portuguese escudo. Today, the €50 note is used by some 332 million Europeans and in the 22 countries which have it as their sole currency (with 20 legally adopting it). Slovenia joined the Eurozone in 2007, Cyprus and Malta in 2008, Slovakia