Montenegro Gasoline prices, 07-Oct-2024
The current gasoline price in Montenegro is EUR 1.40 per liter or USD 1.54 per liter and was updated on 07-Oct-2024.
For comparison, the average price of gasoline in the world is USD 1.18 per liter.
Montenegro |
Gasoline prices |
|---|---|
| Current price | 1.54 |
| Measure | USD/Liter |
| Last update | 2024-10-07 |
| Data availability from | 2014-10-27 |
| Data frequency | Weekly |
We show Octane-95 gasoline price data for Montenegro
from 2014-10-27 to 2024-10-07.
The average gasoline price during that period is EUR 1.31
per liter with a minimum of
EUR 0.98 on 2016-02-29 and a maximum of
EUR 1.74 on 2022-03-14.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for Montenegro every week.
Gasoline prices |
Price (EUR/Liter) | Percent change |
|---|---|---|
| Current price | 1.40 | - |
| One month ago | 1.42 | -1.4 % |
| Three months ago | 1.55 | -9.7 % |
| One year ago | 1.58 | -11.4 % |
Montenegro Gasoline prices: The last eight weeks
Montenegro Gasoline prices, liter, Euro
* A long flat line means that the government fixes the prices.
Montenegro: Gasoline price analytics |
Value |
|---|---|
| Percent of world average gasoline price | 121.79% |
| Correlation with crude oil prices | 0.89 |
| Percent change if oil prices increase 10% | 4.82% |
| Correlation with USD exchange rate | -0.49 |
| Price flexibility index: 0 (low) - 1 (high) | 0.43 |
| Correlation with diesel fuel prices | 0.90 |
| Percent of diesel price | 108.24% |
| Cost of 40 liter tank, percent of income | 8.62% |
| Gasoline consumption, percent of income | 1.09% |
Updated monthly. Methodological notes
