About this pair
RSD/TRY: what to know
The RSD/TRY rate shows how much TRY you get for 1 RSD. Right now, 1 RSD buys 0.4773 TRY at the mid-market rate. In the other direction, 1 TRY is worth 2.0950 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while TRY responds to high inflation and central-bank policy.
The Serbian Dinar (RSD) is issued by National Bank of Serbia. “Dinar” descends from the Roman denarius — one of the oldest coin names. The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
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.