Conversion
Link to the pound: The pound and the dinar have no direct historical link, but they are linked through trade and investment. Although the UK is not one of Serbia's main export destinations, bilateral investment and tourism influence the exchange rate between the two currencies.
Interactions with the Swiss franc: The relationship between the dinar and the Swiss franc is partly shaped by the diaspora. Many Serbs live in Switzerland and send money home, which influences the exchange rate. In addition, investment and trade relations between the two countries have grown in recent years.
Relationship with the euro: The dinar's peg to the euro is particularly strong. Serbia is a candidate country for accession to the European Union and therefore has intensive economic and political relations with the eurozone. The majority of Serbia's trade is with EU countries, making the euro a key currency for Serbia.
Dynamics with the US dollar: Even though the US dollar is not directly linked to the dinar like the euro, it still has an influence, especially due to global market conditions. As the dollar is an important reserve currency, its strength or weakness can indirectly affect the value of the dinar.
Other important currencies: In addition to the currencies already mentioned, Serbia maintains trade relations with other countries, which means that the dinar is also influenced by currencies such as the Russian ruble, the Chinese yuan and others.
The Serbian dinar reflects the country's economic and political developments. Its relationship with other major currencies shows Serbia's growing importance on the global stage and its efforts to become both regionally and globally integrated.