CNH/RSD: what to know
The CNH/RSD rate shows how much RSD you get for 1 CNH. Right now, 1 CNH buys 15.0550 RSD at the mid-market rate. In the other direction, 1 RSD is worth 0.0664 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while RSD responds to euro moves and Serbian central-bank policy.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Serbian Dinar (RSD) is issued by National Bank of Serbia. “Dinar” descends from the Roman denarius — one of the oldest coin names.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.