diff --git a/requirements.txt b/requirements.txt
index 404e326..a260fbe 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -4,5 +4,5 @@ email_validator==1.1.2
 iso3166==1.0.1
 pytz==2020.4
 isbnlib==3.10.4
-py-moneyed==0.8.0
+py-moneyed==1.1
 schwifty==2020.11.0
\ No newline at end of file
diff --git a/setup.py b/setup.py
index eb36d1e..301df72 100644
--- a/setup.py
+++ b/setup.py
@@ -26,7 +26,7 @@
         'iso3166==1.0.1',
         'pytz==2020.4',
         'isbnlib==3.10.4',
-        'py-moneyed==0.8.0',
+        'py-moneyed==1.1',
         'schwifty==2020.11.0'
     ],
     classifiers=[