Home → Serbia → Currency → Exchange Rate

Serbia Exchange Rate

Official exchange rate (LCU per US$, period average)  PA.NUS.FCRF

Serbia's exchange rate was 111.90 in 2025, ranked 64th globally. This represents a 3.4% increase from 2024. Data from World Bank, covering 1997–2025.

111.90 +3.69 (+3.4%)
Year 2025 Rank #64 Global Peak 111.90 (2025) Source World Bank

Serbia Exchange Rate (1997–2025)

Overview

Serbia's exchange rate stood at 111.90 in 2025, a rise of +3.69 from 2024. Based on recent trends, this figure is projected to reach 111.90 by 2025. Serbia ranked 64th globally.

Serbia's exchange rate has experienced significant fluctuations over the past 29 years, exhibiting a substantial increase from its all-time low in 1997 of 5.91 to its current level of 111.90. This represents a remarkable rise of 1900% since then, outpacing its peers, such as Cabo Verde, which has seen a growth of approximately 1800% over the same period, ending at 105.37. The most recent exchange rate of 111.90 marks the highest point in Serbia's history, surpassing its previous peak. The country's exchange rate has closely followed global trends, with Serbia ranking 64th globally in 2025. A decline in regional economic growth or a shift in international trade policies could alter Serbia's exchange rate trajectory, potentially leading to a decline in its current record high.

Data & projection

Year Exchange Rate YoY change Rank
2027* trend 115.71 - -
2026* trend 113.80 - -
2025* trend 111.90 - -
2025 111.90 +3.69 #64
2024 108.21 −0.19 #141
2023 108.40 −3.26 #143
2022 111.66 +12.27 #142
2021 99.40 −3.77 #145
2020 103.16 −2.09 #146
2019 105.25 +5.07 #146
2018 100.18 −7.58 #145
2017 107.76 −3.52 #151
2016 111.28 +2.47 #155
2015 108.81 +20.41 #153
2014 88.41 +3.25 #149
2013 85.16 −2.80 #148
2012 87.96 +14.60 #152
2011 73.36 −4.37 #148
Show all years (1997-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 11.1% GDP growth 0.1% Unemployment 23.0%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw exchange rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Serbia's exchange rate?▾

Serbia's exchange rate was 111.90 in 2025. Ranked 64th globally. This represents a 3.4% increase from the previous year.

What was the highest exchange rate in Serbia?▾

Serbia's exchange rate peaked at 111.90 in 2025.

What was the lowest exchange rate in Serbia?▾

The lowest exchange rate in Serbia was 5.91 in 1997.

How does Serbia rank in exchange rate?▾

Serbia ranks 64th globally in exchange rate as of 2025.

What is the World Bank indicator code for exchange rate?▾

The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.

What is the projected exchange rate of Serbia in 2025?▾

Serbia's exchange rate is projected to reach 111.90 by 2025 based on trend extrapolation.

What is the exchange rate of Serbia in 2025?▾

The exchange rate of Serbia in 2025 was 111.90. This ranks 64th in the world.

Cite this page

APA
Serbia Exchange Rate. HistorySaid. Retrieved October 29, 2026, from https://historysaid.com/serbia/exchange-rate/
BibTeX
@misc{historysaid_serbia_exchange-rate, title = {Serbia Exchange Rate}, url = {https://historysaid.com/serbia/exchange-rate/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub