About this pair
RSD/USD: what to know
The RSD/USD rate shows how much USD you get for 1 RSD. Right now, 1 RSD buys 0.009773 USD at the mid-market rate. In the other direction, 1 USD is worth 102.3211 RSD.
In the short term RSD is driven mainly by euro moves and Serbian central-bank policy, while USD responds to Fed policy, US growth 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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
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.