Exchange Rate in Serbia

Serbia Exchange Rate | Economic News & Forecasts

Serbia - Exchange Rate

The domestic-driven economy is taking a beating in the second quarter as the lockdown measures have stifled the services sector and caused an inevitable spike in unemployment. Moreover, elevated uncertainty, postponed projects and a retreat in FDI will be battering fixed investment, which had surged at the end of 2019. Although limited, data for the end of Q1 highlights the incipient downturn: In March, tourist arrivals fell by over 50%, industrial production dipped and merchandise exports tumbled on frail demand from key trading partners Germany and Italy. The government’s strong fiscal response should help cushion the blow, however. On 1 May, S&P Global Ratings revised its outlook on Serbia from positive to stable, citing the economic fallout and the worsening external financing scenario as downside risks, although Serbia’s buffers of high international reserves and fiscal space represent upside risks to the outlook.

Serbia - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)111.9  117.2  98.56  103.2  104.9  

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Serbia Exchange Rate Chart

Serbia Exchange Rate
Note: Exchange Rate (vs USD)

Serbia Facts

Value Change Date
Bond Yield3.050.0 %Dec 31
Exchange Rate104.9-0.31 %Jan 01

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