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Money in Serbia


Money in Serbia

Serbia's official currency is the Serbian dinar (RSD). The Serbian dinar can be exchanged in most of the banks throughout the Europe. However, it is best to convert at the airport (even though the rate there tends to be a bit higher) or in the banks located in the towns or in the numerous and visibly marked authorized exchange offices (Menjačnica/Мењачница). The Euro is occasionally accepted, but prices are often overestimated when directly compared to the Dinar. Belgrade is typically on par with many European cities prices; however, outside the capital, prices of almost any item are lot lower than in the capital. Typically, 150 dinars for a coke in a Belgrade bar, and 220 dinars for 3 cokes in a bar outside the capital. In March 2011, the exchange rate stood at 73 Serbian Dinars for 1 US Dollar, and 103 Serbian Dinars for €1. Money changers may refuse worn-out or damaged foreign banknotes, especially US dollars, therefore it is recommended to bring notes only in good condition. Banks usually accept slightly damaged notes, sometimes with a commission. Gas stations close to borders sometimes accept foreign currencies.

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Serbia Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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