Travelex Online EUR to RSD Travel Money Compared

Currency Guide for Serbia (ISO Code: RS)

Traveling to Serbia offers a fantastic opportunity to explore a rich cultural heritage without straining your wallet. For a mid-range stay of one week, travelers should budget approximately 900 to 1,200 Euros (about 1,000 to 1,400 USD). Here’s a quick glance at typical daily expenses in Serbian dinars (RSD) to help you plan:

• 🍽️ Meal at a local restaurant: 1,500 RSD

• ☕ Coffee: 300 RSD

• 🚍 Public transport fare: 150 RSD

• 📱 Prepaid SIM card: 2,000 RSD

• 🏨 Budget hotel or Airbnb: 6,000 RSD per night

Overall, Serbia is considered an affordable destination, especially compared to the United States or the UK. While dining and accommodation costs are significantly lower in Serbia, expect to pay about 50% less than what you would in the U.S. or 30% less than in the U.K. — making it a haven for budget-conscious travelers eager to immerse themselves in its vibrant history and stunning landscapes.

Expat Living in Serbia

For expats planning to settle in Serbia, monthly living expenses can range from 80,000 to 120,000 RSD, depending on lifestyle choices. This estimate covers rent, utilities, groceries, transportation, and leisure activities. When it comes to banking, most locals use cards, and modern payment systems are widely adopted. It's advisable to open a local bank account to avoid excessive foreign transaction fees and take advantage of Serbia's relatively low ATM withdrawal fees.

When considering currency exchange options, expats may find it more beneficial to utilize online transfer services like Wise or OFX for sending and receiving money, especially for larger transactions. These services typically offer better rates and lower fees compared to local currency exchanges. However, for day-to-day expenses, it’s generally advisable to withdraw cash from ATMs in Serbia, ensuring you’re not burdened by high charges or hidden fees.