About this pair
ISK/RSD: what to know
The ISK/RSD rate shows how much RSD you get for 1 ISK. Right now, 1 ISK buys 0.8399 RSD at the mid-market rate. In the other direction, 1 RSD is worth 1.1906 ISK.
In the short term ISK is driven mainly by tourism, fishing and commodity prices, while RSD responds to euro moves and Serbian central-bank policy.
The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate. 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.