RSD (Serbian Dinar)

Filed Under: ,
Dictionary Says

Definition of 'RSD (Serbian Dinar)'


The currency abbreviation for the Serbian dinar (RSD), the currency for Serbia. The Serbian dinar is made up of 100 para and is often presented with the symbol RSD or, unofficially, din. Also known as the post-Yugoslavia dinar, this currency is used in all of Serbia, except for Kosovo. Kosovo declared itself an independent state in February 2008, although at that time Serbia still claimed sovereignty over the state.

Investopedia Says

Investopedia explains 'RSD (Serbian Dinar)'


The Serbian dinar dates back to 1214. The modern dinar showed up in 1868 in an attempt to remove the different foreign currencies in circulation and set up an independent monetary system. The Serbian dinar is the third modern dinar, and came into circulation in 2003, when it replaced the former dinar, the Yugoslav dinar, at par.

comments powered by Disqus
Hot Definitions
  1. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  2. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  3. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  4. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  5. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
  6. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
Trading Center