The dinar (Serbian: динар, pronounced [dînaːr]; paucal: dinara / динара; abbreviation: DIN (Latin) and дин (Cyrillic); code: RSD) is the currency of Serbia.

The first mention of a "Serbian dinar" dates back to the reign of Stefan Nemanjić in 1214.

Until the fall of Despot Stjepan Tomašević in 1459, most of the Serbian rulers minted silver dinar coins.

[7] It was one of the main export articles of medieval Serbia for many years, considering the relative abundance of silver coming from Serbian mines.

The Ottomans operated coin mints in Novo Brdo, Kučajna and Belgrade.

Eventually, Prince Miloš Obrenović decided to introduce some order by establishing exchange rates based on the groat (Serbian groš, French and English piastre, Turkish kuruş, قروش) as money of account.

In 1819 Prince Miloš Obrenović published a table rating 43 different foreign coins: 10 gold, 28 silver, and 5 copper.

[8] After the last Ottoman garrisons were withdrawn in 1867, Serbia was faced with multiple currencies in circulation.

The Kingdom of Serbia also joined the Latin Monetary Union and adhered to a bimetallic standard up until 1914.

Lack of public faith in the Serbian dinar, bartering and immediate exchange for gold coins meant that the notes fell out of circulation.

[2][3][4][5][6] However, in February 2024, the Kosovan government banned the use of the dinar for payment, making the euro the sole legal tender nationwide.

When the State Union was dissolved in 2006, the dinar's ISO 4217 code was changed to the current RSD.

All coins feature identical inscriptions in Serbian, using the Cyrillic and Latin scripts.

In 2003, banknotes of the (re-established) National Bank of Serbia were introduced in denominations of din.