Currency in Serbia
The official Serbian currency is the dinar (RSD) and 1 dinar which consists of 100 para. There are coins to the value of 1, 2, 5, 10 and 20 dinars, and notes for 10, 20, 50, 100, 200, 500, 1000 and 5000 dinars. All visitors are advised to exchange currency only at accredited places. It is both risky and illegal to attempt to do so in the street. The majority of banks have 24-hour ATM's some of which can also exchange foreign currency. Money can be exchanged at official exchange offices, which are clearly labeled and veeeery numerous. At points you might think that pharmacies and exchange offices are the only forms of commercial ventures worth a whle in Serbia (and to a certain extent it tells a lot about the local mentality - hypochondriacs who work abroad).Individual banks and exchange offices are free to set their own rates, but they must be clearly displayed.
Rates offered at exchange offices are generally more favourable to those in banks, at the airport and in hotels. Your credit cards (AMEX, Diners Club, Mastercard, VISA) will enable you to withdraw cash in dinars 24/7 at various cashpoints in the city. Also, credit cards can be used in hotels, restaurants and shops for purchases. Signs are displayed at the entrance showing which cards are acceptable.
Rates offered at exchange offices are generally more favourable to those in banks, at the airport and in hotels. Your credit cards (AMEX, Diners Club, Mastercard, VISA) will enable you to withdraw cash in dinars 24/7 at various cashpoints in the city. Also, credit cards can be used in hotels, restaurants and shops for purchases. Signs are displayed at the entrance showing which cards are acceptable.