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What currency should I bring to Serbia?

Published by Karl Martin Karus in category Currency on 29.01.2020
Gold price (XAU-SEK)
16 720,10 SEK/oz
+ 94,30 SEK
Silver price (XAG-SEK)
210,46 SEK/oz
+ 3,20 SEK

Serbia is an extremely beautiful country located on the Balkan Peninsula. Various cultures, languages, and religions have been interwoven with the state for centuries. Thanks to this, Serbia combines elements characteristic not only of Western culture but also of Eastern culture. For enthusiasts who like hiking in national parks, mountains or canyons, a trip to Serbia will be a great choice. Before traveling, however, one has to think of financial matters, so the question arises, what currency do you take to Serbia?

What currency should I bring to Serbia? What is the currency in Serbia?

The currency in Serbia is Serbian Dinar (RSD). The current Serbian currency – the Serbian Dinar – was introduced in 2003 after the final dissolution of Yugoslavia. The name Serbian dinar comes from the name of the silver coin “denarius”, minted in ancient Rome.

How is the Serbian dinar denominated? Division of the currency of Serbia

1 Serbian Dinar is divided into 100 paras. In 2008, the last 50 para coins were withdrawn from circulation. Currently in circulation are:

  • coins: 1–, 2–, 5–, 10–, 20 dinars;
  • banknotes with denominations: 10–, 20–, 50–, 100–, 200–, 500–, 1000–, 2000–, 5,000 dinars.

Serbian dinar – currency denominations

The obverse sides of Serbian dinars are decorated with the coat of arms of Serbia, while the reverse sides show:

  • 1 dinar – the building of the National Bank of Serbia;
  • 2 dinars – Gračanica monastery;
  • 5 dinars – the church from the Kruszedol Monastery;
  • 10 dinars – church of the Virgin Mary from the Studenica Monastery;
  • 20 dinars – bust of Andrić.

The obverse of Serbian dinar banknotes is decorated with portraits of distinguished Serbian politicians, artists, and scientists. The reverse side of the banknotes shows the whole silhouettes of outstanding personalities.

What does the Serbian dinar look like? RSD banknotes

What are the prices in Serbia?

Approximate costs in Serbia, which we incur by visiting any grocery store, shown in the following table.

Product Price in Serbia (approximate)
bread (1 piece) 40.00 RSD
butter (200 g) 280.00 RSD
milk (1 l) 85.00 RSD
pasta (400 g) 50.00 RSD
mineral water (1.5 l) 45.00 RSD
sugar (1 kg) 80.00 RSD
chocolate (100 g) 95.00 RSD

How to pay in Serbia?

Payments during your stay in Serbia can be made in several ways, so this is not a problematic issue. Visa and MasterCard cards are widely accepted. ATMs are located in both larger and smaller cities, so withdrawing the necessary cash is not a problem. However, it is best to check with the bank from which the card originates whether it operates in a country that does not belong to the European Union before traveling. In addition, most hotels and large stores accept credit card payments. However, in smaller stores, there may be a problem accepting this form of payment. One should also take into account the high commission charged by the bank.

To avoid any inconvenience when paying, it’s best to get some local currency before you travel. The Tavex currency exchange office in Stockholm is one of the few to offer Serbian dinars. You can always exchange the Serbian currency – the Serbian dinar – immediately, and after making a phone call, you can book the appropriate Serbian dinar amount and the current exchange rate. For those of you who cannot visit our head office in the city at Smålandsgatan 9, we offer RSD in our other offices located in Stockholm.

Serbian Dinar exchange rate – RSD converter

Serbian dinar (RSD) Price (as of 24.09.2019, 14:00)
1100 Serbian Dinar approx. 100 SEK (1 SEK = 11.01 RSD)
1175 Serbian Dinar approx. 10 EUR (1 EUR = 117.5 RSD)
1068 Serbian Dinar approx. 10 USD (1 USD = 106.8 RSD)

Required travel documents in Serbia

Swedish citizens traveling to Serbia must carry a Swedish passport or national ID card. The passport must be valid throughout the stay in Serbia and also for another 90 days after departure from Serbia.

Swedish citizens do not need a visa for traveling or residing in Serbia for 90 days every six-month period. Foreign nationals are required by law to report their stay in the country to the nearest police station within 12-24 hours of arrival. However, this is generally exempt when travelers are staying at a hotel, in which case hotel staff takes care of the notification to the police.

Foreign nationals who are holders of a home country passport and have a residence permit in an EU country or a valid visa to the Schengen area, which covers the entire planned stay in Serbia, can travel to Serbia without a visa. For more information contact the Serbian Embassy in Stockholm.

Interesting facts

  1. On one of the streets of Belgrade, there is a cafe with a specific name “?” The first attempts to change the name of this place took place already in the first half of the nineteenth century to “cathedral cafe”, however, the owner did not receive the necessary approval of the church. He decided then that he would hang the signboard that adorned the question mark until the case was resolved. It is amazing that the matter has not been resolved to this day, and the rather unusual name of the cafe still exists.
  2. In the vicinity of the city of Bajina Basta, in the central part of the river Drina, is a mysterious house built in 1968 on a rock.
  3. The round table deliberations are associated primarily with the history of Poland, however, the first international meeting of this type took place in Serbia. The event took place in Karłowice. The result of this event was the signing of the Peace in Karłowice. This agreement interrupted the ongoing war between the Holy League and the Ottoman Empire.
  4. Belgrade – the capital of Serbia – is one of the oldest cities in Europe. Its history dates back several thousand years. In the beginning, Belgrade served as a settlement, and in the second century AD, it gained city rights. The city’s history is quite turbulent, as it has been destroyed 44 times. Literally translated, Belgrade means “white city”.

Where should you go during your stay in Serbia?

  1. In the north of Serbia, there is a multicultural city with various religions and ethnicities – Novi Sad. The number of tourists fascinated by the extremely interesting town hall on Plac Wolności or the stunning fortress of Petrovaradin has been increasing significantly for over a dozen years. In addition, a place that is worth seeing during your stay in Serbia is the Fruška Gora National Park.
  2. The Uvac river meanders are considered to be one of Serbia’s most beautiful natural blessings for a reason. Uvac flowing through Serbia, Bosnia, and Herzegovina over a distance of 10 kilometers marks the border between these states. The unique nature of the landscape is due to the unique location of the river – between rocky shores and mountainous terrain.
  3. The Studenica Monastery – one of the largest in the country – is on the UNESCO World Heritage List. The medieval monastery located in the east of the country near Kraljeva was built at the end of the 12th century. Numerous churches built in its vicinity delight with the beautiful Byzantine frescoes found in them.
  4. Olavolja Varoš (a group of specific rock forms), otherwise known as the Devil’s City, is located in the southern part of the country, near the city of Kuršumlija. The breathtaking landscape is made up of an impressive number of soaring towers of various shapes and sizes. The wind rustling between the rocks gives the place a mysterious atmosphere that corresponds to the legends associated with the City of the Devil.
  5. The history of the monstrous fortress Golubac in the northeastern part of the country on the banks of Dubai is directly related to the history of Poland. Well, the fortress is the place of death of the famous knight Zawisza Czarny. In addition to the fortress, this area includes the Đerdap National Park and beautiful marinas that attract a large number of tourists during the holiday season.

What currency to bring to Serbia? Serbian Dinar!

Beautiful reserves, lakes, amazing waterfalls will delight everyone who appreciates the natural resources offered by nature. History lovers in Serbia can see magnificent architectural monuments that date back to antiquity. In addition, Serbia is famous for its excellent cuisine containing rakija – an alcoholic drink obtained by distilling fermented fruit. Purchase Serbian dinars at Tavex and go on a well-deserved vacation!

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