About this pair
ILS/RSD: what to know
The ILS/RSD rate shows how much RSD you get for 1 ILS. Right now, 1 ILS buys 33.2969 RSD at the mid-market rate. In the other direction, 1 RSD is worth 0.0300 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while RSD responds to euro moves and Serbian central-bank policy.
The Israeli Shekel (ILS) is issued by Bank of Israel. “Shekel” is one of the oldest names for a unit of money — mentioned in the Bible. 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.