About this pair
RSD/NZD: what to know
The RSD/NZD rate shows how much NZD you get for 1 RSD. Right now, 1 RSD buys 0.0170 NZD at the mid-market rate. In the other direction, 1 NZD is worth 58.7245 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while NZD responds to soft-commodity prices and 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 New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin.
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.