How can I get the best exchange rate between the US dollar and the Serbian dinar?
Although not a commonly traded currency outside of Serbia, you still have a few choices for converting your US dollars to Serbian dinars. Your best option is to choose an online money transfer service because:
There are lots of service providers to choose from
However, if you need dinar in cash, your best option would be to exchange your US dollars once you arrive in Serbia. The Serbian dinar may not be available at your bank, and even if it is, the exchange rate will likely be poor.
The Serbian capital of Belgrade has many banks, ATMs and foreign exchange kiosks where you can get competitive exchange rates. Foreign exchange kiosks will typically have the best rates in busy tourist areas downtown, while the airport has the worst rates.
The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Sub unit symbol:
$1, $5, $10, $20, $50, $100
1c, 5c, 10c, 25c, 50c
The Serbian dinar is the official currency of Serbia, and dates back to 1214. Serbia has one of the smaller economies in Europe, but is seeing steady growth.
What affects exchange rates between the US dollar and the Serbian dinar?
Following its separation from the former Yugoslavia, Serbia has moved toward a market economy with widespread growth, privatization and liberalization of the economy. The exchange rate regime in place is also market-oriented and the supply and demand of the global foreign exchange market determines the exchange rate between the US dollar and the Serbian dinar.
The Serbian economy relies on the country’s main exports in sectors such as energy, base metals, motor vehicles and agriculture. When the Serbian economy hits a slowdown, the dinar usually weakens significantly against the US dollar.
Also, with talks about Serbia being included in the European Union, the dinar’s exchange rate with other major currencies will likely be affected by monetary policies from the European Central Bank.
Send money from USD to RSD
How does the Serbian dinar trade against the US dollar historically?
Over the past decade, the Serbian dinar has consistently depreciated against the US dollar. Since February 2008, the dinar has fluctuated between 48.67 dinars per dollar and 119 dinars per dollar.
Since early 2017 however, the trend has changed and the Serbian dinar has again gained some strength compared to the dollar. The trend accelerated throughout 2017, causing the US dollar to lose some of its purchasing power in terms of Serbian dinars.
US Dollar to the Serbian Dinar for the last 10 days
1 USD =
US Dollar to the Serbian Dinar for the last 10 months
1 USD =
US Dollar to the Serbian Dinar for the last 10 years
1 USD =
Market rate for common transfer amounts USD to RSD
Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.