EUR/RSD: what to know
The EUR/RSD rate shows how much RSD you get for 1 EUR. Right now, 1 EUR buys 117.3292 RSD at the mid-market rate. In the other direction, 1 RSD is worth 0.008523 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while RSD responds to euro moves and Serbian central-bank policy.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. 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.