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Serbia

Serbian Dinar

RSD

Official currency of Serbia

дин. Symbol
NBS

About the Serbian Dinar

The Serbian Dinar (RSD) was officially re-established as the currency of Serbia in 2003, replacing the Yugoslav Dinar. However, the first Serbian Dinar was introduced in 1868.

The name 'Dinar' is derived from the ancient Roman coin, the 'denarius'.

Interesting Facts

Historical Figures on Notes

Serbian banknotes feature a range of prominent historical and cultural figures, including scientists Nikola Tesla and Mihajlo Pupin, and writers Ivo Andrić and Jovan Cvijić.

A Currency of Resilience

The Dinar has a turbulent history, having undergone several redenominations due to wars and periods of hyperinflation, showcasing the nation's resilience.

Path to the Euro

As a candidate country for EU membership, Serbia is on a long-term path towards eventually adopting the Euro, which would mean the retirement of the Dinar.

Historical Timeline

1868

The first modern Serbian Dinar is introduced.

1920

The Dinar of the Kingdom of Serbs, Croats, and Slovenes (later Yugoslavia) replaces the Serbian Dinar.

1990s

The Yugoslav Dinar experiences extreme hyperinflation.

2003

The Serbian Dinar (RSD) is re-established.

Denominations

Banknotes

дин.10 Green
дин.20 Orange
дин.50 Purple
дин.100 Blue
дин.200 Brown
дин.500 Green
дин.1000 Red
дин.2000 Brown
дин.5000 Purple

Coins

1 dinar
2 dinara
5 dinara
10 dinara
20 dinara

Security Features

Watermark Security thread See-through register Optically variable ink Intaglio printing

Quick Facts

ISO Code
RSD
Symbol
дин.
Numeric Code
941
Subunit
Para (1/100)
Introduced
2003-07-01

Central Bank

Name
National Bank of Serbia
Headquarters
Belgrade, Serbia
Founded
1884
Current Governor
Jorgovanka Tabaković (since 2012)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
4.5%
Interest Rate
6.50%

What Affects the RSD Exchange Rate?

Economic growth and foreign direct investment
Remittances from Serbian diaspora
Economic ties with the EU and Russia
Political stability and regional issues (e.g., Kosovo)
Inflation and interest rate policy

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