Convert Brazilian Real to Serbian Dinar
Convert Brazilian Real (BRL) to Serbian Dinar (RSD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Brazilian Real
The Brazilian Real (BRL) was introduced on 1 July 1994 as a cornerstone of the Plano Real economic stabilisation programme, which successfully ended decades of hyperinflation that had reached over 2,000% annually. The name "real" means "royal" in Portuguese and also "real" as in genuine. The Banco Central do Brasil manages monetary policy. Brazil has the largest economy in Latin America and the ninth largest globally. The real is divided into 100 centavos. The BRL is one of the most important emerging market currencies and is heavily traded in global forex markets.
About Serbian Dinar
The Serbian Dinar (RSD) has been Serbia's official currency since 2003, when the Yugoslav dinar was replaced following the dissolution of the Federal Republic of Yugoslavia. The National Bank of Serbia manages monetary policy with a managed float regime where the dinar is de facto stable against the Euro. Serbia is a candidate for EU membership and its economy is closely integrated with the EU trade bloc. Major industries include automotive manufacturing (Fiat Chrysler), chemicals, banking, and agriculture. Belgrade has grown as a regional financial and technology hub.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).