Business & Investment

Dinar steady at RSD 117.6018 per euro, gains 0.2% against dollar at 104.5164

Dinar steady at RSD 117.6018 per euro, gains 0.2% against dollar at 104.5164Foto: Unsplash

The Serbian dinar holds steady against the euro while gaining slightly against the US dollar, according to the National Bank of Serbia.

  • Official median rate: RSD 117.6018 per euro, with only a slight change from the previous day.
  • Dinar is up 0.2% against the dollar, at an indicative rate of RSD 104.5164 per dollar.
  • Against the dollar, the dinar gained 0.5% over the past month but is down 4.4% since the start of the year.
  • Against the euro, the dinar is down 0.3% year on year and since the start of the year.

The official median exchange rate of the Serbian dinar is RSD 117.6018 for one euro on Thursday, according to the National Bank of Serbia. The rate is only slightly changed from Wednesday.

The median rate is the reference rate the central bank publishes for the dinar. Compared with a month ago, the dinar is steady against the euro.

Euro: key figures

  • Official median rate: RSD 117.6018 per euro
  • Change from the previous day: slight
  • Month on month: steady
  • Year on year: dinar down 0.3%
  • Since the beginning of the year: dinar down 0.3%

The figures show that the dinar has moved within a narrow range against the euro over the past year. This is relevant for businesses and households whose contracts, loans or savings are linked to the euro.

Dollar: key figures

The dinar's indicative exchange rate against the US dollar is RSD 104.5164 for one dollar. The dinar is up 0.2% against the dollar from the previous day, the National Bank of Serbia said.

  • Indicative rate: RSD 104.5164 per dollar
  • Month on month: dinar up 0.5%
  • Year on year: dinar down 2.4%
  • Since the beginning of the year: dinar down 4.4%

The dinar has therefore gained against the dollar over the past month, but remains weaker than a year ago and than at the start of the year. Movements against the dollar mainly matter for importers and exporters who settle trade or energy purchases in that currency.

The National Bank of Serbia publishes its official exchange rates every working day, with the next update expected on the next business day.

Frequently asked questions

What is the official euro exchange rate for the Serbian dinar?

The National Bank of Serbia's official median rate is RSD 117.6018 for one euro. The rate changed only slightly from the previous day.

How has the dinar performed against the US dollar?

The dinar is up 0.2% against the dollar from the previous day, at RSD 104.5164 per dollar. It has gained 0.5% over the past month but is down 4.4% since the start of the year.

Why do exchange rate movements matter for businesses and households?

Movements against the euro affect businesses and households with contracts, loans or savings linked to the euro. Dollar movements mainly matter for importers and exporters who settle trade or energy purchases in dollars.