What is RSD currency
The Serbian dinar (Serbian Cyrillic: динар, pronounced [dînaːr]; paucal: dinara / динара; sign: din; code: RSD) is the official currency of Serbia. One dinar is subdivided into 100 para. The dinar was first used in Serbia in medieval times, its earliest use dating back to 1214.
RSD Coins
In 1868, bronze coins were introduced in denominations of 1, 5, and 10 paras. The obverses featured the portrait of Prince Mihailo Obrenović III. Silver coins were introduced in 1875, in denominations of 50 paras, 1 and 2 dinars, followed by 5 dinars in 1879. The first gold coins were also issued in 1879, for 20 dinars, with 10 dinars introduced in 1882. The gold coins issued for the coronation of Milan I coronation in 1882 were popularly called milandor (French Milan d’Or). In 1883, cupro-nickel 5, 10, and 20 para coins were introduced, followed by bronze 2 paras coins in 1904.
In 1942, zinc coins were introduced in denominations of 50 paras, 1 and 2 dinars, with 10 dinar coins following in 1943.
Coins currently in circulation are 1, 2, 5, 10, and 20 dinara coins. All coins feature identical inscriptions in Serbian, using the Cyrillic and Latin scripts. The 10 and 20 dinara coins are uncommon in circulation, as banknotes of the same value are used instead.
RSD Banknotes
In 1876, state notes were introduced in denominations of 1, 5, 10, 50, and 100 dinars. The Chartered National Bank followed these notes from 1884, with notes for 10 dinars backed by silver and gold notes for 50 and 100 dinars. Gold notes for 20 dinars and silver notes for 100 dinars were introduced in 1905. During World War I, silver notes for 50 and 5 dinars were introduced in 1914 and 1916, respectively. In 1915, stamps were authorized for circulation as currency in denominations of 5, 10, 15, 20, 25, 30, and 50 paras.
In May 1941, the Serbian National Bank introduced notes for 10, 20, 50, 100, 500, and 1000 dinars. The 100 and 1000 dinar notes were overprints, whilst the 10 dinar design was taken from an earlier Yugoslav note. Other notes were introduced in 1942 and 1943 without any new denominations being introduced.
In 2003, banknotes of the (re-established) National Bank of Serbia were introduced in denominations of 100, 1000, and 5000 dinars. 500 dinars followed these in 2004, 50 dinars in 2005, 10 and 20 dinars in 2006, and 2000 dinars in 2011.