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The national currency of Serbia: photo and name, history and development, exchange rate against the ruble and the dollar. Money and expenses in Belgrade (Serbia) Serbia money exchange rate

The official currency of Serbia is the dinar (international designation - RSD), equal to 100 pairs. In circulation are denominations of 10, 20, 50, 100, 500, 1000 and 5000 dinars, coins of 1, 2, 5, 10 and 20 dinars, as well as 50 par. At the same time, banknotes in denominations of 10, 50, 200, 1000 and 5000 dinars were issued in two versions, and in 100 dinars - in three. The dinar is pegged to the euro.

In Kosovo, only the Euro (EUR) is used. In circulation there are denominations of 5, 10, 20, 50, 100, 200 and 500 euros, coins of 1 and 2 euros, as well as 1, 2, 5, 10, 20 and 50 cents.

Banks and currency exchange

Exchange offices of Halyk Bank are open from Monday to Friday from 7.00-8.00 to 15.00-16.00 (sometimes with a lunch break), commercial banks are open from Monday to Thursday from 08.00 to 13.00-15.00, on Fridays - from 08.00 to 13.00, most on Saturdays banks are closed.

Currency exchange can be done at bank branches, official exchange offices and many licensed exchangers. In Serbia, in public places (train stations, airports) there are currency exchange machines. The rate even in nearby exchange offices can vary quite a lot.

Serbia is not a popular tourist destination, so dollars and euros are not accepted everywhere. If in neighboring Croatia, Montenegro and Bosnia-Herzegovina you can pay in euros in a supermarket, then in Serbia - no. Euros and dollars will only be accepted in large hotels or by prior arrangement with the shop owner or taxi driver. In this case, you will be offered the most unfavorable exchange rate. Thus, when traveling to Serbia, it is important to immediately exchange euros or dollars for Serbian dinars.

Kosovo

Serbian dinars do not operate on the territory of the Republic of Kosovo, excluding the extreme north of the region from Kosovska Mitrovica and further north. The official currency here is exclusively the euro. Exchange offices are ubiquitous, but it should be borne in mind that the choice of currencies accepted for exchange is small: Serbian dinars and US dollars. In very rare exchange offices and banks, you can change Macedonian dinars, or Albanian leks. Other currencies, such as Russian rubles, cannot be exchanged anywhere in Kosovo.

Price level

The price level in the country is quite low and significantly lower than in neighboring Croatia, Montenegro or Bosnia-Herzegovina. The biggest expense for a tourist will be hotels, which are somewhat more expensive than in countries like Bulgaria or Romania. It seems very difficult to find a hotel (or even a motel) for less than 35-40 euros for a double room. The reason is the fact that Serbia is not a tourist country and the competition is relatively low, compared even with Montenegro, which lives exclusively in tourism. The cost of gasoline corresponds to prices in neighboring countries. Restaurants and cafes are relatively cheap, a hearty lunch in a mid-range cafe will cost no more than 10-12 euros per person.

Tips

Tipping in restaurants and taxis is up to 10% of the bill. In a taxi, it is recommended to coordinate the route of the trip and its cost in advance. However, in many institutions (especially in rural areas) it is not customary to leave a tip and this is solely at the discretion of the tourist himself.

the official currency of Serbia, equal to one hundred pairs, one of the national currencies of the dinar, a popular currency around the world

Definitions of the Serbian dinar, the concept of the Serbian dinar, the history of the emergence and development of the Serbian currency, banknotes and coins of the Serbian dinar, the influence of the Central Bank of Serbia and the features of the dinar exchange rate regime, the RSD rate to the main currencies of the world

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Serbian dinar is, definition

Serbian dinar is official currency unit States of Serbia. One Serbian dinar equals one hundred. The history of Serbia is as rich as the history of the state as a whole. Serbian dinar was in circulation even before World War I, but then was replaced by several types of other national currencies. Currently in circulation in Serbia are denominations of 10, 20, 50, 100, 200, 500, 1000, 2000 and 5000 and coins- 1, 2, 5, 10 and 20 dinars. In Kosovo, only .

Serbian dinar is national currency Serbia. 1 Serbian dinar formally equal to 100 couples, coins or banknotes nominated in couples, are not currently in production. Exist coins denominations 1, 2, 5, 10 and 20 dinars; banknotes- 10, 20, 50, 100, 200, 500, 1000, 2000 and 5000 dinars.


Serbian dinar is official currency Serbia. In circulation are bills denominations of 10, 20, 50, 100, 500, 1000 and 5000 dinars, coins at 1, 2, 5, 10 and 20 dinars, as well as 50 pair. Wherein banknotes denominations of 10, 50, 200, 1000 and 5000 dinars released in two versions, and in 100 dinars- in three. dinar pegged to Euro. Only in use in Kosovo Euro (Euro). In circulation are bills denominations of 5, 10, 20, 50, 100, 200 and 500 Euro, coins in 1 and 2 Euro, as well as 1, 2, 5, 10, 20 and 50 .


The Serbian dinar is the currency Serbia equal to 100 couples, but only in circulation in Kosovo Euro. exchange currency you can right at the airport, and, contrary to stereotypes, at a favorable rate, as well as in special street, and "changers" - exchange offices, which are found at every turn in large cities. Large chain stores and pharmacies accept to and.


Serbian dinar is RSD- symbol official currency of the Republic of Serbia, currency unit produced by Serbia for the needs of . This same bank keeps track of the volume it issues and, just as important, makes and adjusts the exchange rate. Serbian dinar. National currency The Republic of Serbia is divided into 100 par. The currency is not deprived of modern from illegal copying. A watermark and a small-letter code applied to banknotes in a thin strip are far from the only barriers.

Serbian dinar is money States of Serbia. Denominations of all money Serbia: banknotes for the last , received amounts of 10, 20, 50, 100, 200, 500, 1000, 5000 RSD on banknote. Large bills of the same denomination exist in several modified variations. On coins minted as pair, and Serbian dinar: 1, 2, 5 RSD, and 50 pair.


Banknotes and coins of the official currency of the Republic of Serbia

Serbian dinar is national, official currency Serbia. One Serbian dinar divided into equal parts in 100 pair. The issue is carried out by the National Bank of Serbia (Narodna Banka Srbije). Exist coins denomination 50 pair, 1 Serbian dinar , 2 Serbian dinars, 5 Serbian dinars, 10 Serbian dinars, 20 Serbian dinars. Also Serbian currency in cash circulation is represented banknotes one series with a face value of 10 Serbian dinars, 20 Serbian dinars, 50 Serbian dinars, 100 Serbian dinars, 200 Serbian dinars, 500 Serbian dinars, 1000 Serbian dinars and 5000 Serbian dinars. Due to the high degree of protection, Serbian dinar not so easy to fake. Serbian currency can be exchanged in public or private banks of the country where the exchange rate is approximately the same RSD currencies.

Serbian dinar is national currency Serbia, theoretically equals 100 couples. International bank code " RSD”, designation din, din.

Serbian dinar is national currency Serbia. Beginning in 1459, the Serbian lands were under the Ottoman Empire. This one is used Ottoman Empire. At the beginning of the 19th century, the war for independence began. In fact, Serbia gained independence in 1867. In 1868 introduced Serbian dinar. First banknotes appeared in 1876. In 1878 Serbia officially becomes an independent state. Well Serbian official currency was tied to French. Serbia soon joined the Latin Monetary Union. In 1918, Serbia becomes part of the Serbs, Croats and Slovenes (later Yugoslavia). Until 1991, Serbia was part of Yugoslavia, and from 1991 to 2006, in union with Montenegro.

Formation of Serbia

Serbian dinar is national monetary unit Serbia. International designation currencies - RSD. The issuing bank is the National Bank of Serbia. On the territory of Kosovo are used exclusively Euro. In cash circulation in Serbia are bills one series in denominations of 10, 20, 50, 100, 200, 500, 1000 and 5000 dinars. And banknotes denominations of 200, 1000 and 5000 dinars were released in two versions, and in 100 Serbian dinars, in four modifications. Also involved in cash flow coins denomination 50 pair, 1, 2, 5, 10 and 20 Serbian dinars.


Series of banknotes of the Serbian currency

The concept of the Sebrian dinar

The official official currency of Serbia is dinar (international designation - RSD), equal to 100 pairs. In circulation are denominations of 10, 20, 50, 100, 500, 1000 and 5000 dinars, coins of 1, 2, 5, 10 and 20 dinars, as well as 50 par. At the same time, banknotes in denominations of 10, 50, 200, 1000 and 5000 dinars were issued in two versions, and in 100 dinars - in three. The dinar is pegged to the euro. In Kosovo, only the Euro is used. In circulation there are denominations of 5, 10, 20, 50, 100, 200 and 500 euros, coins of 1 and 2 euros, as well as 1, 2, 5, 10, 20 and 50 cents.


The currency has practically no features, it is made in a classic style, and has an image on the front side, but sights on the back. It is worth pointing out that the latest modification made the currency more catchy and bright, which brought it unprecedented popularity among the local population. The security system is pronounced, but still far from perfect, almost the entire currency is subject to the actions of scammers. But still, the currency has many positive aspects, its non-presentability nevertheless does not prevent it from being used, it is quoted on the global financial market, and many earn good money with this currency.


The development of tourism in the country is quite low, but still the government of the country is trying to allocate the necessary funds in order to increase the number of tourists in this country. That is, there is a directed development of the economy. Currency exchange can be done at bank branches, official exchange offices and many licensed exchangers. In Serbia, in public places (train stations, airports) there are currency exchange machines. The rate even in nearby exchange offices can vary quite a lot.


Serbia is not a popular tourist destination, so the euro is not accepted everywhere. If in neighboring Croatia, Montenegro and Bosnia-Herzegovina you can pay in euros in a supermarket, then in Serbia - no. Euros and dollars will only be accepted in large hotels or by appointment with the shop owner or taxi driver. In this case, you will be offered the most unfavorable exchange rate. Thus, when traveling to Serbia, it is important to immediately exchange euros or dollars for Serbian dinars.

Serbia Tourism

History of the Serbian dinar

The first Serbian dinar appeared in 1875. Before him, the monetary unit on the territory of Serbia was, which was equal to 40 pairs. In 1878 the country joined the Latin Monetary Union and the Serbian dinar was pegged to and equal to the French official currency of Switzerland. In 1918, a new state appeared on the map - the Kingdom of Serbs, Croats and Slovenes, called Yugoslavia since 1929. The Bulgarian leva, Austro-Hungarian kroons and banknotes of Montenegro that circulated in this territory were abolished, and they were exchanged for banknotes of the Serbian Bank.


Serbian official currency coin minted in 1875

During the war, along with Serbian dinars, Reichsmarks, Bulgarian levs, Italian liras, Hungarian pengos, Croatian kuns, and Albanian Swiss francs were in circulation. After the liberation of the country in 1945, new banknotes were issued, but only the Serbian dinar and Croatian kunas were subject to exchange. The Serbian dinar was exchanged for new dinars at a ratio of 20:1. In April 1992, a new state was formed that united Serbia and Montenegro - the Federal Republic of Yugoslavia. May 21, 2006 took place, as a result of which the Union of these two states collapsed. The Serbian dinar entered the monetary circulation again.


Currently in circulation are coins of 2003 of issue from a copper-nickel-zinc alloy with a face value of 1, 2, 5, 10 and 20 dinars. On both sides of the coins there are inscriptions in Cyrillic, duplicated in Latin. The reverse of all banknotes is oriented vertically. Means of protection: watermark in the form of a corresponding portrait, security thread, microtext; overlapping images; denominations from 200 din and above contain a hologram, and 2000 din and 5000 din - images with a changing color. On March 1, 2012, at the EU summit, Serbia became an official candidate for membership.

Serbia in the European Union

Serbian dinar banknotes

In 1876, state notes were introduced in denominations of 1, 5, 10, 50 and 100 dinars. Notes of the National Bank of the Republic chartered followed from 1884, with notes for 10 dinars, backed by silver and gold notes for 50 and 100 dinars. In 1905, Golden Notes for 20 dinars and Silver Notes for 100 dinars were introduced. During World War I, silver notes for 50 and 5 dinars were introduced in 1914–1916, respectively. In 1915, stamps were approved for circulation as currency in denominations of 5, 10, 15, 20, 25, 30, and 50 pip.


In May 1941, the Serbian National Bank issued banknotes of 10, 20, 50, 100, 500 and 1000 dinars. The 100 and 1000 Dinara notes were overprinted, while the 10 Dinara design was taken from an earlier Yugoslav note. Further notes were introduced in 1942 and 1943 with no new denominations being introduced. In 2003, banknotes (restored) of the National Bank of Serbia were introduced in denominations of 100, 1000 and 5000 dinars. 5000 dinars followed in 2004, 50 dinars in 2005, 10 and 20 dinars in 2006 and 2000 dinars in 2011.


Serbian dinars 2006 issue

New Serbian dinars of 2006 issue of securities. 10 Serbian dinars issued in 2006. Banknote size: 131x62 millimeters. On the front side of the bill is a portrait of the famous Serbian ethnographer Vuk Stefanovich Karadzic. On the reverse side is the figure of Karadzic against the background of a group of men.


Banknote of 10 Serbian dinars of 2006 issue of securities

20 Serbian dinars of 2006 issue of securities. Front and back sides.


Banknote of 20 Serbian dinars 2006 of the monetary issue

100 Serbian dinars of 2006 currency issue. On the front side of the bill is a portrait of the Serbian physicist Nikola Tesla (1856-1943). On the reverse side is the figure of Tesla.


500 Serbian dinars of 2006 issue of securities. On the front side is a portrait of the outstanding Serbian geologist, geographer and ethnographer Jovan Cvijic (1865-1927). On the reverse side is the figure of Jovan Cvijic against a background made in ethnic motifs.


Banknote of 500 Serbian dinars of 2006 issue

1000 Serbian dinars in 2006 issuance of securities. Banknote size: 151x72 millimeters. On the front side of the banknote is a portrait of the manager of the National Bank of Serbia, Dord Weifert (1850-1937). On the reverse side of the bill is the figure of Weifert and a medallion with the image of St. George.


Serbian dinars 2003-2005

Serbian dinars 2003-2005 issue. 50 Serbian dinars of 2005 issue of securities. On the front side of the bill there is a portrait of the Serbian composer Stevan Stojanovic (1856-1914), an image of a violin, denomination. On the back is the coat of arms of Serbia and a full-length image of Stevan Stojanovic.


Banknote of 50 Serbian dinars of 2005 issue of securities

100 Serbian dinars issued in 2003. Banknote size: 143x68 millimeters. Released July 2, 2003. On the front side of the bill is a portrait of the Serbian physicist-inventor Nikola Tesla (1856-1943). On the reverse side is a figure of Tesla and a drawing depicting the electromagnetic engine invented by Tesla.


200 Serbian dinars 2005 issue. On the front side of the bill is a portrait of Nadezhda Petrovich (1875-1915). On the reverse side is the figure of Nadezhda Petrovich, an image of a Serbian Orthodox church and the coat of arms of Serbia.


Banknote of 200 Serbian dinars of 2005 issue

500 Serbian dinars issued in 2004. Banknote size: 147x70 millimeters. Released September 17, 2004. On the front side of the bill there is a portrait of the Serbian professor of the University of Belgrade, the famous Serbian geologist, geographer and ethnographer Jovan Cvijic (1865-1927) and a stylized map of the village. On the reverse side is the figure of Jovan Cvijic against a background made in ethnic style.


Banknote of 500 Serbian dinars of 2004 issue of securities

1000 Serbian dinars of 2003 currency issue. Banknote size: 151x72 millimeters. Released March 24, 2003. On the front side of the banknote there is a portrait of the manager of the National Bank of Serbia, Dord Weifert (1850-1937), against the background there is an image of a brewery. On the reverse side of the bill is the figure of Weifert and the image of the medallion of St. George.


Banknote of 1000 Serbian dinars of 2003 money issue

5000 Serbian dinars of 2003 money issue. Banknote size: 159x76 millimeters. Released July 2, 2003. On the front side of the bill is a portrait of the Serbian historian and academician Slobodan Jovanovic (1869-1958). On the reverse side is the figure of Jovanovic against the backdrop of the National Assembly.


Banknote of 5000 Serbian dinars of 2003 issue

Serbian dinars 1942-1943

Serbian dinars 1942-1943 of money issue. 20 Serbian dinars 1942 issue. On the front side is a portrait of the Serbian linguist and writer Vuk Karadzic.


50 Serbian dinars of 1942 money issue.


Banknote of 50 Serbian dinars 1942 of the money issue

100 Serbian dinars of 1942 issue of securities. Banknote size: 163x84 millimeters. Released May 1, 1942. On the front side is an image of a Serbian shepherd boy. On the reverse side is an image of a peasant plowing the land. This banknote was not in circulation.


Banknote of 100 Serbian dinars of 1942 money issue

500 Serbian dinars, 1942 issue. Banknote size: 170x95 millimeters. Released May 1, 1942. On the front side there is an image of the coat of arms of Serbia and a sower. On the back is an image of a reaper. Watermark: King Petar II.


Banknote of 500 Serbian dinars of 1942 of the monetary issue

1000 Serbian dinars 1942 issue. Banknote size: 185x110 millimeters. Released May 1, 1942.


Banknote of 1000 Serbian dinars of 1942 issue

Serbian dinars 1941 issue

Serbian dinars of 1941 issue of securities. 10 Serbian dinars 1941 issue (First issue 1941). Banknote size: 127x72 millimeters. On the front side is the coat of arms of Serbia, on the back is an image of a woman in national dress. On the watermark is the image of Petar I.


100 Serbian dinars issued in 1941 (First issue 1941).


Banknote of 100 Serbian dinars of 1941 money issue

1000 Serbian dinars of 1941 issue of securities (First issue 1941).


Banknote of 1000 Serbian dinars of 1941 issue of securities

20 Serbian dinars 1941 issue (second issue 1941). Banknote size: 127x72 millimeters. Released May 1, 1941. On the front side is a portrait of Vuk Karadzic, a Serbian linguist and writer. On the reverse side is an image of the coat of arms of Serbia. Watermark: image of a Serbian military man.


Banknote of 20 Serbian dinars of 1941 issue of securities

50 Serbian dinars 1941 issue (Second issue 1941). Banknote size: 147x93 millimeters. Released August 1, 1941. On the front side is a portrait of a Serbian woman. Watermark: image of King Petar II.


500 Serbian dinars 1941 issue (Second issue 1941). Banknote size: 168x94 millimeters. Released November 1, 1941. On the front side there is an image of a woman in national clothes.


Banknote of 500 Serbian dinars of 1941 issue

Serbian dinars 1917 issue

5 Serbian dinars 1917 issue. The banknote was issued by the National Bank of Serbia on February 18, 1917. Banknote size: 126x79 millimeters. On the front side is a portrait of the Serbian warrior Milos Obilic.


Banknote of 5 Serbian dinars of 1917 of the monetary issue

Serbian dinars 1905 issue

Serbian dinars issued in 1905. 20 dinars of the Kingdom of Serbia, 1905 issue. The banknote was issued on January 5, 1905. Banknote size: 158x96 millimeters. As a watermark, the head of a woman. On the front side of the banknote there are allegorical figures and the designation of the denomination. There is an inscription in French on the back.


100 dinars of the Kingdom of Serbia, 1905 issue.


Banknote of 100 Serbian dinars of 1905 issue of securities

Serbian dinars 1893 issue

Serbian dinars of 1893 issue of securities. 10 dinars of the Kingdom of Serbia 1893 issue. On the front side there is an image of a girl with a folk stringed instrument.


Serbian dinars 1887 issue

Serbian dinars issued in 1887. 10 dinars of the Kingdom of Serbia 1887 issue. Banknote size: 140x95 millimeters. Issued January 14, 1887.


Banknote of 10 Serbian dinars of 1887 issue of securities

Serbian dinars 1884 issue

The first Serbian dinars (Kingdom of Serbia) issued in 1884. 10 dinars of the Kingdom of Serbia, issued in 1884. Banknote size: 131x87 millimeters. The denomination of the banknote was used as a watermark. On the front side is an image of Prince Milan Obrenovic, under whom Serbia gained independence and became the Kingdom of Serbia. On the back are portraits of the princely family - Milan Obrenovic, his wife Ljubica and Milan's sons - Michael and Milan. In the people, banknotes of this denomination are called "banks".


Banknote of 10 Serbian dinars of 1884 money issue

50 dinars of the Kingdom of Serbia, issued in 1884. Obverse and reverse of the banknote.


Banknote of 50 Serbian dinars of 1884 issue

100 dinars of the Kingdom of Serbia, issued in 1884. Obverse and reverse of the banknote.


Banknote of 100 Serbian dinars of 1884 money issue

Serbian dinar coins

In 1868 bronze coins were introduced in denominations of 1, 5 and 10 pip. The obverse featured a portrait of Prince Mikhailo Obrenović III. Silver coins were introduced in 1875, in denominations of 50 pip 1 and 2 dinars, followed by 5 dinars in 1879. The first were also issued in 1879, for 20 dinars, from 10 dinars, in 1882. Gold coins issued for Milan's coronation coronation in 1882 were popularly called milandor (French Milan d'Or). In 1883, cupro-nickel 5, 10 and 20 pip coins were introduced, followed by bronze 2 pip in 1904.


Modern coins of the official currency of Serbia


EU member states accounted for more than half of the total trade exchange. Serbia's second most important partners were the countries that signed the Central European Free Trade Area (CEFTA) with which they achieved surplus (excess of exports over imports) in an exchange of $ 363.7 million, mainly due to the export of agricultural goods, as well as steel . If considered separately by country, then the largest surplus in exchange was achieved with the former Yugoslav republics - Montenegro, BiH and Macedonia.

Internal problems of Serbia

Of the rest of the countries, in the first four months of the year, suficity was achieved with Romania and Slovakia. The largest in trade is with Russia, primarily through oil and gas, then with Hungary and Germany. In Serbian exports, grains and their products took the first place - $295 million, electrical equipment and apparatus - $249 million, - $226 million, iron and steel - $166 million, clothing - $153 million. In imports, the first places are occupied by: oil and oil products - 570 million, - 544 million, 306 million dollars, electrical equipment and apparatus - 265 million, medical and pharmaceutical goods - 211 million.



Export of Serbia








Serbian imports










The influence of the Central Bank of Serbia on the Serbian dinar

The National Bank of Serbia (National Bank Srbije / Narodna banka Srbije) was founded in 1884. The status, organization, powers and functions of the National Bank of Serbia, as well as relations between the National Bank of Serbia and other bodies of the Republic of Serbia, international organizations and institutions, are regulated by the National Bank of Serbia (“Official Gazette RS”, Nos 72/2003, 55/2004 and 44/2010).


The National Bank of Serbia is an autonomous and independent institution in the performance of its functions under the Law on the National Bank of Serbia and other legislative acts, and is accountable to the National Assembly of the Republic of Serbia. The main goal of the National Bank of Serbia is to achieve and maintain price stability. The National Bank of Serbia also contributes to maintaining and strengthening the stability of the financial system.


The Executive Board determines the implementation of the monetary and foreign exchange policy, in particular: the conditions and regime for the issuance of securities, the conditions and manner in which the National Bank of Serbia conducts open market and discount operations, short-term policy, maintaining the exchange rate of the dinar, the foreign exchange reserve management strategy , the basis for calculating the required reserves and their ratio. The Executive Board shall establish measures and activities related to the National Bank of Serbia in order to maintain and strengthen financial stability, as well as measures to support banks. The Executive Board decides on the issuance and cancellation of the activities of banks, insurance, financial leasing companies and voluntary.

The work of Serbian banks

Meetings of the Executive Council are held as necessary, but not less than once every 30 days. The Executive Council makes decisions by majority vote. In the event of a tie vote, the governor's vote is decisive. Executive Council meetings are chaired by the Governor. At the suggestion of the Executive Council and with the consent of the government, the Council sets the exchange rate for the dinar, adopts the Charter of the National Bank of Serbia and supervises its implementation. The Council adopts the financial plan and the annual financial report of the National Bank of Serbia, appoints the external auditor and discusses the auditor's report.


In addition, the Council supervises the National Bank, the Serbian system, evaluates the adequacy of accounting policies and procedures, controls and adopts the annual plan. The Council also submits to the National Assembly a report on its activities at least once a year, as well as an annual report on the status of accounts, a report on a certified audit no later than June 30 of the next year. The Council submits a report on the fulfillment of the conditions, on the termination of powers and / or removal from office of the Governor to the Republic of Serbia and to the National Assembly.


Serbian dinar exchange rate regime

Exchange offices of Halyk Bank are open from Monday to Friday from 7.00-8.00 to 15.00-16.00 (sometimes with a lunch break), commercial banks are open from Monday to Thursday from 08.00 to 13.00-15.00, on Fridays - from 08.00 to 13.00, most on Saturdays banks are closed. Currency exchange can be done at bank branches, official exchange offices and many licensed exchangers. In Serbia, in public places (train stations, airports) there are currency exchange machines. The rate even in nearby exchange offices can vary quite a lot.


Serbia is not a popular tourist destination, so dollars and euros are not accepted everywhere. If in neighboring Croatia, Montenegro and Bosnia-Herzegovina you can pay in euros in a supermarket, then in Serbia - no. Euros and dollars will be accepted only in large hotels or by prior agreement with the shop owner or taxi driver. In this case, you will be offered the most unfavorable exchange rate. Thus, when traveling to Serbia, it is important to immediately exchange euros or dollars for Serbian dinars.


The price level in the country is quite low and significantly lower than in neighboring Croatia, Montenegro or Bosnia-Herzegovina. The biggest for the tourist will be hotels that still have double billing for locals and foreigners. The cost corresponds to prices in neighboring countries. On the other hand, the level of service in Serbia, whether in hotels, restaurants, or anything else, is often lower than in neighboring countries. Thus, somewhat cheaper rates are "levelled" by often unsatisfactory service. Tipping in restaurants and taxis is up to 10% of the bill. In a taxi, it is recommended to coordinate the route of the trip and its cost in advance.

Life in Serbia

RSD exchange rate to major currencies of the world

The official currency of the Republic of Serbia is dinar (YUM), equal to 100 par. In circulation there are denominations of 5000, 1000, 500, 200, 100, 50, 20 and 10 dinars, coins of 10, 20, 5, 2 and 1 dinars, as well as 50 par. At the same time, banknotes in denominations of 10, 50, 200, 1000 and 5000 dinars were issued in two versions, and in 100 dinars - in three. The dinar is pegged to the euro.

RSD to USD exchange rate
RSD to EUR exchange rate
RSD to JPY exchange rate
RSD to GBP exchange rate
RSD to CHF exchange rate


Chart of the RSD currency against the Swiss official currency of Switzerland for 1953-2014


Table of the national currency of the Republic of Serbia to the Swiss currency CHF for 1995


Table of the official currency of Serbia to the Swiss currency of Switzerland for 1996


Table of the currency of the Republic of Serbia to the Swiss national currency of Switzerland for 1997


Table of the Serbian national currency to the Swiss national currency of Switzerland for 1998


Table of the national currency of the Republic of Serbia to the Swiss Swiss national currency for 1999


Table of Serbian currency to the Swiss national currency of Switzerland for the year 2000


Table of the currency of the Republic of Serbia to the Swiss franc for 2001


Serbian dinar to Swiss currency CHF 2002 table

In Serbia, the national currency is the dinar. It is designated RSD in accordance with the international standard ISO 4217. From this material, readers will learn the history of the Serbian currency, get acquainted with the appearance of banknotes and coins, and receive information about prices in local monetary units. All this information will not be superfluous when planning a trip to this state in southeastern Europe.

History of the dinar

The local dinar began its first circulation on the territory of modern Serbia in 1214. Since 1459, the country has been under the rule of the Ottoman Empire. Therefore, in trade transactions, the currency of this state, piastres, was used. At the beginning of the 19th century, the Serbs began a national liberation war, which lasted until 1867. A year later, Serbian dinars were put into circulation, and the first paper banknotes were made in 1876. At that time, the Serbian currency was pegged to the French franc.

In 1918, the country became part of the new state, which was the prototype of the future united Yugoslavia. It was called the Kingdom of Serbs, Croats and Slovenes, or KSHS. In 1919, a common monetary unit, the crown, began to circulate on the territory of the new state. A year later, another monetary reform was carried out, which resulted in the introduction of new money - the Yugoslav dinar. Serbian currency exchange was organized at the rate of 4 crowns for 1 dinar.

During World War II, Yugoslavia was divided into several parts, and Serbian dinars, Croatian kunas, occupation Reichsmarks, Italian liras, and Bulgarian levs were used as money in these territories. After the reunification of the republics on the territory of Yugoslavia, a single monetary unit was again introduced: the Yugoslav dinar. Its exchange rate against the US dollar at that time was 50 to 1.


Breakup of Yugoslavia

The crisis in the economy of the Socialist Federal Republic of Yugoslavia (SFRY) led to huge inflation, which forced the country's leadership to resort to the denomination of the national currency. As a result, four zeros were removed from the denominations of the Yugoslav dinar. In the early 90s of the last century, a series of civil wars on the territory of the SFRY led to the disintegration of the state into separate republics. Slovenia, Macedonia, Croatia, Bosnia and Herzegovina left Yugoslavia. Serbia gained independence, and with it the opportunity to form its own monetary policy. Already in the middle of the first decade of the new century, Montenegro also left the united state.

After the collapse of the SFRY

After a number of countries left the united Yugoslavia, each of the republics introduced its own national currency into circulation. Serbia also followed this path and launched the Serbian dinar into circulation. True, this happened only in 2003. Until that time, the Yugoslav dinar of a new type was in circulation, which was accepted both on the territory of Serbia and Montenegro. By the way, the design of the Serbian dinar was borrowed from its predecessor.


Modern Serbian money

Today, Serbia's currency is the local dinar, which formally consists of one hundred pairs. The currency exchange rate is pegged to the euro. Paper banknotes of ten, twenty, fifty, one hundred, two hundred, one thousand and five thousand Serbian dinars participate in circulation. In addition, coins are used in denominations from one to ten dinars, as well as fifty pairs. All of them are made from a combination of metals such as copper, nickel and zinc. The Serbian currency exchange rate against the ruble is at the level of 1 to 0.61.

It should be noted that the euro has practically free circulation on the territory of the country. Often, using these banknotes, you can make purchases without worrying about exchanging them for the Serbian currency. But, if nevertheless such a need arises, then you can buy Serbian money in numerous exchange offices and bank branches. Moreover, institutions do not charge commission for such transactions. True, depending on the chosen exchange point, the rate may be higher or lower. Particular attention should be paid to the fact that the implementation of exchange transactions outside certified branches or special points is punishable by law. Such actions are punishable by up to five years in prison.


Description of banknotes and coins

What is the currency in Serbia in terms of design? All banknotes of the Serbian dinar have a bright and colorful design. On them you can see images of prominent figures of culture, politics, religion, science, various historical figures of the Balkan Peninsula. For example, Serbian linguist Vuki Karadzic, Metropolitan Petr Petrovich Negosh, Serbian composer Stevan Mokranyats, physicist Nikola Tesla. In addition, on the banknotes of the Serbian dinar, you can see the images of the master of painting Nadezhda Petrovich, the geographer Jovan Cviic, the chairman of the National Bank of Serbia, George Weifert, the Serbian lawyer, historian, politician and statesman Slobodan Jovanovic, as well as the astronomer and astrophysicist Milutin Milankovic.

A curious detail in the design of the Serbian dinar is the different orientation of the inscriptions and drawings on the obverse and reverse of banknotes. So, on one side of banknotes their vertical orientation is used, and on the other - horizontal. The denomination of all bills is indicated in its corners. The banknote center contains single or group images. In 2006, coins of the Serbian dinar of a new series were issued. Their obverse contains drawings of buildings and monasteries of the country. The only exception is a coin with a face value of 20 dinars. The image of Nikola Tesla is placed on its front side. The reverse side of the coins contains the state emblem, as well as the name of the state. The issue of all paper and metal money is in charge of the National Bank of Serbia, located in Belgrade.


How much does it cost in Serbia

It would not be superfluous to give examples of prices for some goods and services that are popular among tourists and guests of the Republic of Serbia. For example, a trip by public transport will cost about 42 dinars. Taking into account the exchange rate of the Serbian currency against the ruble, this is approximately 26 rubles in terms of Russian money. A visit to the museum will cost 100 dinars. The price of a cup of coffee in an ordinary establishment will be at least 50 dinars. But in specialized coffee houses, you will have to pay from 120 to 180 dinars for such a pleasure. Tipping, as in many countries of the world, is not included in the bill. This question is left to the discretion of the client. But, as a rule, a banknote of 100 dinars is considered quite sufficient reward.

Exchanging currency while traveling can sometimes be problematic, especially when you travel to a country that uses a currency that you have never heard of before. It's funny that in Serbia, meanwhile, people very often express the concept of the price in euros, but you can hardly pay with euros in Serbia anywhere. Strange, isn't it? You might think that the Serbs do not name prices in local currency because of its high inflation, so as not to name huge numbers, but this is not so - the annual inflation in this country is almost equal to the same indicator in the European Union ... So how are things with the euro and with local dinars in Serbia?

I will try to explain, and you will see that it is really easy to change the currency and pay in Serbia.

1993 hyperinflation

If you have already searched for various information about Serbia when planning your trip, then you know that our currency is the Serbian Dinar, or RSD for short. But you're unlikely to hear the average Serb name any price—his salary, the value of his property, or his own cell phone—in dinars. We have dinars in our wallets and accounts, but in our heads, calculations are made in euros.

Why so, you ask? Not so long ago, some 20 years ago, our economy experienced the blow of hyperinflation, and then it was extremely important to convert every salary into German marks (DM), otherwise all that money would instantly depreciate. At that time we were all billionaires and paid with banknotes with so many zeros that our head was spinning, but in reality all this had no value. If you explain clearly, in the morning you received a salary in dinars, corresponding to 100 marks, and by the evening of the same day this amount in dinars was already estimated at 10 marks, so it was very unlucky for someone who did not have time to exchange dinars right away. This hyperinflation lasted almost all of 1993 and was stopped in 1994; on 01/01/1994, the exchange rate was established, equating 1 dinar to 1 mark. Of course, this equality did not last long, but since then there has been no more hyperinflation, only good old normal inflation, which today makes 1 mark equal to 61 dinars, which means that our currency has become weaker by 6100% over the past 21 years. Not so bad! In 1993, she did more horse races in just a month.

Since the hyperinflation, our currency has been feeling some more turbulence, so it's not surprising, considering all this, that we prefer to think in terms of the standard currency (today's Euro), although the dinar is quite stable at the moment. And also all the troubles with the currency taught us to keep our savings in euros, so we change money a lot and often. This habit, in turn, led to the existence of a huge number of exchange offices literally on every corner throughout the country.

Exchangers and banks - at every step

Tourists and travelers only benefit from this state of affairs: after all, they can change foreign currency easily, quickly, safely and profitably. All exchange offices are licensed by the National Bank of Serbia, you will not find an exchanger without a license - this is strictly monitored. Personally, I have never heard of anyone getting scammed at an exchange since the license system was introduced 10 years ago. In Belgrade, the most unfavorable exchange rate is found in exchange offices with high customer traffic: for example, in shopping centers, at the airport, in the main pedestrian areas of the city. However, the difference is not very big: at the best rate, you will win about 1%, which does not really matter, unless we are talking about a very large amount of money. And of course, you can exchange currency in any bank, which we have plenty of, but be aware that in banks the exchange rate is always the worst (it can differ by 2% from the average for exchangers).

And, probably, the most important information about money in Serbia is that you do not need to carry a lot of cash with you. In every hotel, restaurant, cafe, gas station and other places you can pay with a card, and there are ATMs at every turn.

That's all I had to say. I hope now the situation with currency exchange in Serbia has become clearer and you will not worry about it during your trip. The bankers made sure that we spent our money comfortably, safely and simply.

Serbian dinar(sign: din. or din.; code: RSD) - the monetary unit of the state of Serbia. One Serbian dinar is equal to 100 par.

Territory of circulation of the Serbian dinar:

Serbian dinar exchange rates:

  • Exchange rate Serbian dinar (RSD ) to ruble (RUB)
  • Serbian Dinar (RSD ) to Euro (EUR)
  • Exchange rate Serbian dinar (RSD) to ruble (RUB) online now on the Forex exchange (Forex)
  • Rates, quotes for the exchange of cash Serbian dinar to the ruble in banks for today

History of the Serbian Dinar.

For the first time in the territory of modern Serbia, the dinar was introduced in 1214.

Since 1459, Serbia was under the rule of the Ottoman Empire and therefore piastres of the Ottoman Empire were used in everyday life.

At the beginning of the 19th century, the war for the independence of Serbia began and lasted until 1867. In 1868, the Serbian dinar was introduced as the national currency, and the first banknotes appeared in 1876.

The Serbian dinar was pegged to the French franc.

In 1918, Serbia became part of the Kingdom of Serbs, Croats and Slovenes (in the future Yugoslavia) and in 1919 a temporary currency was introduced - the crown of the Kingdom of Serbs, Croats and Slovenes.

In 1920, they again carried out a monetary reform and introduced a new currency - the Yugoslav dinar at the rate of 1 dinar = 4 crowns.

During the Second World War, Yugoslavia was divided into several parts, the Serbian dinar, German mark, Italian lira, Bulgarian lev were used as money. In 1944, after the reunification of Yugoslavia, the Yugoslav dinar was returned to Yugoslavia at the rate of 1 US dollar = 50 dinars.

Inflation led to the need for denomination. In 1990, another monetary reform of 10,000 dinars took place: 1 dinar.

In 1991-1992, four states separated from Yugoslavia: Slovenia, Croatia, Bosnia and Herzegovina and Macedonia. Each of the countries introduced their own currencies: the Slovenian tolar, the Croatian dinar, the dinar of Bosnia and Herzegovina, the Macedonian dinar.

Until 1991, Serbia was part of Yugoslavia, and from 1991 to 2006, in union with Montenegro.

In 2006, Montenegro left Yugoslavia and the state of Yugoslavia ceased to exist. As a result, Serbia is transformed into a new state and puts into circulation the Serbian dinar, the banknote design of which is taken from the banknotes of the Yugoslav dinar.