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