Basic Country Data:
Country ISO Code: RS
Official Language: Serbian
Language ISO Code: sr
Current Official Currency: Serbian dinar
Current Currency ISO Code: RSD
ISO Code: RSD
Designs / Symbols on Coins and Banknotes:
Banknotes feature portraits of important Serbian historical and cultural figures, along with motifs related to the National Bank of Serbia.
Coins depict Serbian monasteries, national symbols, and denomination values.
Singular Name: dinar
Plural Name: dinari
Monetary Subdivision: 1 dinar = 100 para
Subdivision Name Singular: para
Subdivision Name Plural: pare
Initial Production Date: 1868 (first coins after Serbia’s restoration)
Final Production Date: ongoing
Initial Circulation Date: 1868
Final Circulation Date: currently in circulation
Mint: Institute for Banknote and Coin Production – Topčider (Belgrade)
Issuing Bank: National Bank of Serbia
Coin Denominations: 1, 2, 5, 10, 20, 50 para; 1, 2, 5, 10 dinari
Banknote Denominations: 10, 20, 50, 100, 200, 500, 1000, 2000, 5000 dinari
Economic Historical Context:
The name “dinar” derives from the Latin “denarius,” a silver coin of the Roman Empire.
The Serbian dinar has been used since medieval times, with the modern coinage starting in 1868.
It served as currency of the Principality, Kingdom of Serbia, Kingdom of Serbs, Croats and Slovenes, Yugoslavia, and Federal Republic of Yugoslavia.
The National Bank of Serbia was founded in 1884 and has issued banknotes and coins since then.
Throughout the 20th century, the dinar underwent periods of inflation, reforms, and stabilization.
Today, the dinar is a stable currency with controlled inflation.
Mints / Production Locations:
Coins and banknotes are produced by the Institute for Banknote and Coin Production in Belgrade.
Print Runs / Honorees / Signatures:
Banknotes feature notable Serbian figures such as Nikola Tesla, Vuk Karadžić, Saint Sava, and others.
Coins carry symbols of Serbian culture and history.
Curiosities / Commemorative Coins:
Serbia issues commemorative coins celebrating historical events and important personalities.
Current Circulation Status: active and officially recognized as national currency
Issuing Authority: National Bank of Serbia
Relevant Monetary Legislation: Law on the National Bank of Serbia and regulations on currency circulation
Signatories on Banknotes: signatures of the Governor of the National Bank of Serbia and other responsible officials
Persons Honored on Coins and Banknotes: Nikola Tesla, Vuk Karadžić, Saint Sava, Mihajlo Pupin, and other prominent Serbian personalities
This report presents Serbian as the official language of Serbia and details the Serbian dinar as the official currency, including its history, denominations, production, economic context, and current status.