About this pair
RSD/MXN: what to know
The RSD/MXN rate shows how much MXN you get for 1 RSD. Right now, 1 RSD buys 0.1681 MXN at the mid-market rate. In the other direction, 1 MXN is worth 5.9503 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while MXN responds to the US economy and capital flows.
The Serbian Dinar (RSD) is issued by National Bank of Serbia. “Dinar” descends from the Roman denarius — one of the oldest coin names. The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol.
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.