About this pair
RSD/EUR: what to know
The RSD/EUR rate shows how much EUR you get for 1 RSD. Right now, 1 RSD buys 0.008493 EUR at the mid-market rate. In the other direction, 1 EUR is worth 117.7470 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while EUR responds to ECB policy and eurozone 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 Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
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.