RSD/PHP: what to know
The RSD/PHP rate shows how much PHP you get for 1 RSD. Right now, 1 RSD buys 0.6206 PHP at the mid-market rate. In the other direction, 1 PHP is worth 1.6115 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while PHP responds to overseas remittances and trade 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 Philippine Peso (PHP) is issued by Bangko Sentral ng Pilipinas. The Philippines is the only Asian country with a currency called the “peso” — a legacy of Spanish rule.
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.