RSD per EUR Exchange Rate
Last updated:
Source: European Commission InforEuro monthly accounting exchange rates
Source description: Monthly and yearly exchange rates from the European Commission InforEuro service. Values are expressed as local currency units per 1 euro; reciprocal euro per currency values are also included.
Table ID: macro_economics/currency/inforeuro_exchange_rates
Key findings:
- The indicator expresses the Serbian dinar exchange rate as dinars per euro, so increases point to dinar depreciation against the euro.
- RSD/EUR movements affect how Serbian furniture production turnover, imports, exports and company revenue compare with euro-area peers.
- The series supports local-currency and euro-denominated views of Serbian market indicators where downstream production and trade datasets expose both currency bases.
Latest data:
| date | currency | frequency | currency_per_eur | eur_per_currency | observations |
|---|---|---|---|---|---|
| 2025-07-01 | RSD | monthly | 117.225 | 0.0085 | 1 |
| 2025-08-01 | RSD | monthly | 117.18 | 0.0085 | 1 |
| 2025-09-01 | RSD | monthly | 117.175 | 0.0085 | 1 |
| 2025-10-01 | RSD | monthly | 117.2 | 0.0085 | 1 |
| 2025-11-01 | RSD | monthly | 117.24 | 0.0085 | 1 |
| 2025-12-01 | RSD | monthly | 117.39 | 0.0085 | 1 |
| 2026-01-01 | RSD | monthly | 117.315 | 0.0085 | 1 |
| 2026-02-01 | RSD | monthly | 117.4 | 0.0085 | 1 |
| 2026-03-01 | RSD | monthly | 117.425 | 0.0085 | 1 |
| 2026-04-01 | RSD | monthly | 117.385 | 0.0085 | 1 |
| 2026-05-01 | RSD | monthly | 117.42 | 0.0085 | 1 |
| 2026-06-01 | RSD | monthly | 117.39 | 0.0085 | 1 |
Serbia's furniture market sits in a dinar economy with a strongly euro-linked business environment. Factory wages, many domestic services and local retail spending are paid in Serbian dinars, while imported boards, fittings, machinery, cross-border logistics and export contracts are often negotiated or benchmarked in euro. The RSD/EUR rate therefore acts less like a volatile trading signal and more like a translation layer between Serbian operating reality and European market comparisons.
Because the dinar has typically moved in a narrow band against the euro in recent years, small monthly changes can still matter for analysis: they influence how Serbian production turnover, import exposure and company revenue appear in euro terms, and they help separate real market movement from currency conversion effects.
Market Context
Serbia is not part of the euro area, but the furniture sector is closely tied to euro-zone demand, sourcing and price references. Upholstered furniture, mattresses, components and wood-based inputs move through regional supply chains where euro invoicing is common, while local labor, utilities, rents and domestic household spending remain dinar-based. This mixed currency exposure makes RSD/EUR useful for reading both competitiveness and cost pass-through.
For market sizing, the exchange rate is especially important because Serbian production and retail indicators can look different depending on whether they are viewed in dinar or euro. A stable dinar can make euro-denominated trend comparisons cleaner, while even modest shifts can affect import-cost pressure, export margins and the apparent size of Serbia versus EU peers.
