RSD to CHW

RSD - Serbian Dinar (RSD)
CHW - WIR Franc (CHW)
1 RSD1 CHW

Currency conversion rates from RSD to CHW

RSDCHW
1 RSD1 CHW
5 RSD5 CHW
10 RSD10 CHW
20 RSD20 CHW
50 RSD50 CHW
100 RSD100 CHW
250 RSD250 CHW
500 RSD500 CHW
1000 RSD1000 CHW
2000 RSD2000 CHW
5000 RSD5000 CHW
10000 RSD10000 CHW
CHWRSD
1 CHW1 RSD
5 CHW5 RSD
10 CHW10 RSD
20 CHW20 RSD
50 CHW50 RSD
100 CHW100 RSD
250 CHW250 RSD
500 CHW500 RSD
1000 CHW1000 RSD
2000 CHW2000 RSD
5000 CHW5000 RSD
10000 CHW10000 RSD

CHW - ()

More information about CHW - ()


RSD - Serbian Dinar (РСД)

Serbian Dinar

The Dinar is the foreign currency used in Serbia since the disintegration of the Federal Republic of Yugoslavia in 2003. Earlier versions of the Serbian Dinar existed prior to World War I and during German occupation in World War II. The earliest use of the term Dinar dates back to 1214.

The Serbian Dinar is the currency in Serbia (RS, SRB). The Serbian Dinar is also known as Serbe Dinar. The exchange rate for the Serbian Dinar was last updated on May 24, 2019 from Yahoo Finance. The RSD conversion factor has 5 significant digits.

Economy

  • Serbia’s GDP of ~US$11,079 (PPP) makes it one of the smaller economies in Europe, though globally it is considered an upper-middle economy. GDP Growth has been strong in recent years; its ~8.7% GDP growth in 2008 put Serbia amongst the fastest growing economies in the region.
  • Serbia’s rate of unemployment is quite high, reaching 23.7% in February 2012.
  • Serbia has a very large trade deficit. Being a landlocked country with very limited natural resources, most necessities are imported from neighboring countries. Serbia has free trade agreements with the European Union, Russia, and Belarus.
  • Raspberries are one of the largest exports for the country. Serbia grows and provides nearly 1/3 of the world’s raspberries.
  • Serbia is an associate member of the EU.

History

  • The first mention of a Serbian Dinar is connected with the reign of Stefan Nemanjić in 1214. Serbian Dinar coins were minted by many of the rulers in the region until the fall of Stefan Lazarević in 1459.
  • For the next few centuries, several varying currencies were used in the the Serbian area. The first modern Serbian Dinar coins were minted in 1868, and the first Dinar banknotes were issued in 1876.
  • In 1920, following World War I, the Serbian Dinar was replaced by the Yugoslav Dinar (at par).
  • Following the German occupation of Yugoslavia, the region was again split into Serbia and Montenegro. At this time, the Yugoslav Dinar was replaced by the Serbian Dinar in 1941, at a rate of 1 Yugoslav Dinar = 20 Serbian Dinars.
  • In 1944, the reconstitution of Yugoslavia occurred and the Serbian Dinar was again replaced by the Yugoslav Dinar at the same rate of 1 Yugoslav Dinar = 20 Serbian Dinars.
  • In 2003, following the final dissolution of Yugoslavia, the Serbian Dinar became the official currency of Serbia, replacing the Yugoslav Dinar at par.

More information about RSD - Serbian Dinar (РСД)