About this pair
RSD/JPY: what to know
The RSD/JPY rate shows how much JPY you get for 1 RSD. Right now, 1 RSD buys 1.5202 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.6578 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while JPY responds to Bank of Japan policy and global risk appetite.
The Serbian Dinar (RSD) is issued by National Bank of Serbia. “Dinar” descends from the Roman denarius — one of the oldest coin names. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
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.