The National Bank of Serbia's official median rate puts the dinar at 117.5698 per euro, with the currency broadly stable against the euro but weaker against the dollar.
- Official median rate: 117.5698 dinars per euro on Tuesday, barely changed from Monday.
- The dinar is 0.2% weaker against the euro than a month ago and 0.3% weaker than a year ago.
- Against the US dollar, the rate is 104.8981 dinars per dollar, with the dollar up 0.2% on the day.
- The dinar is down 3.1% against the dollar year on year and 4.7% since the start of the year.
The official median exchange rate of the Serbian dinar is 117.5698 dinars for one euro on Tuesday, according to the National Bank of Serbia (NBS). The rate is only slightly changed from Monday.
Against the euro, the dinar is weaker by 0.2% compared with a month earlier and by 0.3% compared with the same day a year ago. Since the beginning of the year it has lost 0.1%.
Dollar rate
The indicative dinar rate against the US dollar is 104.8981 dinars for one dollar. The dollar is up by 0.2% on the day, according to the source.
Over longer periods the dinar is down against the dollar:
- 0.5% month on month
- 3.1% year on year
- 4.7% relative to the beginning of the year
What the figures mean
The numbers show that the dinar has been broadly stable against the euro, the currency most relevant for Serbian trade, savings and loan contracts. Changes against the euro over the month, the year and since January are all within 0.3%. The movement against the dollar is larger, which matters mainly for dollar-denominated contracts and imports priced in US currency.
The NBS publishes the official median rates every working day. The next daily rates are expected to be released on the following business day.
More updates are available in our latest news section.
Frequently asked questions
What is the official exchange rate of the dinar against the euro?
According to the National Bank of Serbia, the official median rate is 117.5698 dinars for one euro on Tuesday, only slightly changed from Monday.
How has the dinar performed against the euro over time?
The dinar is 0.2% weaker against the euro compared with a month earlier, 0.3% weaker than a year ago, and has lost 0.1% since the beginning of the year.
Why does the dinar's movement against the dollar matter?
The dinar's larger movement against the dollar, which is down 3.1% year on year, mainly affects dollar-denominated contracts and imports priced in US currency.
How often does the National Bank of Serbia publish official rates?
The NBS publishes the official median exchange rates every working day, with the next daily rates expected on the following business day.
