About this pair
CNY/RSD: what to know
The CNY/RSD rate shows how much RSD you get for 1 CNY. Right now, 1 CNY buys 15.0535 RSD at the mid-market rate. In the other direction, 1 RSD is worth 0.0664 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while RSD responds to euro moves and Serbian central-bank policy.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. 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.