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