USD/RSD: what to know
The USD/RSD rate shows how much RSD you get for 1 USD. Right now, 1 USD buys 102.0015 RSD at the mid-market rate. In the other direction, 1 RSD is worth 0.009804 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while RSD responds to euro moves and Serbian central-bank policy.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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.