About this pair
RSD/ILS: what to know
The RSD/ILS rate shows how much ILS you get for 1 RSD. Right now, 1 RSD buys 0.0300 ILS at the mid-market rate. In the other direction, 1 ILS is worth 33.2969 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while ILS responds to the tech sector and geopolitics.
The Serbian Dinar (RSD) is issued by National Bank of Serbia. “Dinar” descends from the Roman denarius — one of the oldest coin names. 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.
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.