About this pair
RUB/RSD: what to know
The RUB/RSD rate shows how much RSD you get for 1 RUB. Right now, 1 RUB buys 1.1978 RSD at the mid-market rate. In the other direction, 1 RSD is worth 0.8349 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while RSD responds to euro moves and Serbian central-bank policy.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The Serbian Dinar (RSD) is issued by National Bank of Serbia. “Dinar” descends from the Roman denarius — one of the oldest coin names.
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.