About this pair
RSD/ARS: what to know
The RSD/ARS rate shows how much ARS you get for 1 RSD. Right now, 1 RSD buys 14.9631 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.0668 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while ARS responds to high inflation and economic policy.
The Serbian Dinar (RSD) is issued by National Bank of Serbia. “Dinar” descends from the Roman denarius — one of the oldest coin names. The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations.
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.