RSD information
About Serbian Dinar (RSD)
The Serbian Dinar (RSD), with a history that stretches back to the Middle Ages, is more than just the national currency of Serbia. It is commonly abbreviated as RSD and represented by the symbol дин. Reintroduced in its modern form in 2003, following the dissolution of Yugoslavia and subsequent economic upheavals, the Dinar is a symbol of Serbia's resilience, rich history, and evolving economy.
Historical Background
The Dinar's history is as old as Serbia itself, with its origins tracing back to the medieval Serbian state. The modern Dinar, however, emerged in a period marked by significant political and economic changes – the breakup of Yugoslavia and the challenges of establishing a stable economy in its aftermath. The reintroduction of the Dinar in 2003 signified a new era of monetary independence and economic restructuring.
Design and Symbolism
The design of the Serbian Dinar incorporates elements of Serbia’s rich cultural and historical heritage. Banknotes and coins feature prominent Serbian figures from various fields, including science, art, and politics, alongside architectural and cultural landmarks. These designs are not merely for facilitating transactions; they narrate stories of Serbia’s past and present, fostering a sense of national identity and pride.
Economic Role
The Dinar plays a pivotal role in Serbia’s economy, which has gradually shifted from a state-run to a market-driven model. The currency supports key sectors like energy, agriculture, and manufacturing, and has been integral in facilitating trade, investment, and economic activities vital for Serbia’s development.
Monetary Policy and Inflation
Managed by the National Bank of Serbia, the Dinar has navigated through periods of high inflation and economic instability. The central bank’s monetary policies aim to stabilize the currency, control inflation, and support sustainable economic growth, vital for maintaining public and investor confidence.
International Trade and the Serbian Dinar
The stability of the Dinar is crucial in international trade, particularly for Serbia’s exports, including automobiles, machinery, and agricultural products. A stable Dinar is essential for maintaining competitive export prices and attracting foreign investment.
Remittances and Economic Impact
Remittances from Serbians working abroad, particularly in Western Europe, are a significant source of foreign income. These remittances, converted into Dinars, support many families and contribute to the national economy, providing a vital cushion against economic shocks.
RETIK to RSD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | дин.10.43 | 0.0002% / 0.0003%VIP |
How to buy Retik Finance
Buy RETIK (or USDT) for RSD (Serbian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
P Ponreay_FX 183 trades|Completion rate 98.00% | 1 USD | Amount556.28 USDT Limit10 - 556.28 USD | ||
R Recharge 51 trades|Completion rate 89.00% | 1.025 USD | Amount82.36 USDT Limit10 - 84 USD | ||
B BOSS CRYPTO 217 trades|Completion rate 95.00% | 1.028 USD | Amount5000 USDT Limit100 - 5140 USD | ||
Q QuickResponse100% 422 trades|Completion rate 98.00% | 1.029 USD | Amount100 USDT Limit10 - 102.9 USD | ||
I Itzsheikhs 235 trades|Completion rate 98.00% | 1.029 USD | Amount3576.85 USDT Limit300 - 3680 USD |
Sell RETIK (or USDT) for RSD (Serbian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
G Garcia Duvian p2p 25 trades|Completion rate 100.00% | 1.2 USD | Amount30000 USDT Limit1000 - 36000 USD | ||
c cR7_trader 9 trades|Completion rate 69.00% | 1.19 USD | Amount4993.23 USDT Limit100 - 5000 USD | ||
R Russiad_BC 61 trades|Completion rate 91.00% | 1.189 USD | Amount3887.41 USDT Limit10 - 4000 USD | ||
C CryptoCoinP2P 68 trades|Completion rate 94.00% | 1.16 USD | Amount13.13 USDT Limit13.13 - 15.23 USD | ||
y yaske212 27 trades|Completion rate 77.00% | 1.12 USD | Amount417.4 USDT Limit10 - 414 USD |
What factors influence the conversion rate of Retik Finance to Serbian Dinar?
Retik Finance to Serbian Dinar is falling this week.Conversion tables
The exchange rate of Retik Finance is increasing.RETIK to RSD
RSD to RETIK
Today vs. 24 hours ago
Amount | 14:01 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 RETIK | $0.04775 | $0.04709 | +1.40% |
1 RETIK | $0.09550 | $0.09418 | +1.40% |
5 RETIK | $0.4775 | $0.4709 | +1.40% |
10 RETIK | $0.9550 | $0.9418 | +1.40% |
50 RETIK | $4.78 | $4.71 | +1.40% |
100 RETIK | $9.55 | $9.42 | +1.40% |
500 RETIK | $47.75 | $47.09 | +1.40% |
1000 RETIK | $95.5 | $94.18 | +1.40% |
Today vs. 1 month ago
Amount | 14:01 today | 1 month ago | 1M change |
---|---|---|---|
0.5 RETIK | $0.04775 | $-0.0003143 | -- |
1 RETIK | $0.09550 | $-0.0006285 | -- |
5 RETIK | $0.4775 | $-0.003143 | -- |
10 RETIK | $0.9550 | $-0.006285 | -- |
50 RETIK | $4.78 | $-0.03143 | -- |
100 RETIK | $9.55 | $-0.06285 | -- |
500 RETIK | $47.75 | $-0.3143 | -- |
1000 RETIK | $95.5 | $-0.6285 | -- |
Today vs. 1 year ago
Amount | 14:01 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 RETIK | $0.04775 | $-0.0003143 | -- |
1 RETIK | $0.09550 | $-0.0006285 | -- |
5 RETIK | $0.4775 | $-0.003143 | -- |
10 RETIK | $0.9550 | $-0.006285 | -- |
50 RETIK | $4.78 | $-0.03143 | -- |
100 RETIK | $9.55 | $-0.06285 | -- |
500 RETIK | $47.75 | $-0.3143 | -- |
1000 RETIK | $95.5 | $-0.6285 | -- |
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