Serbia or officially known as the Republic of Serbia is a country in the central part of the Balkan Peninsula in Southeastern Europe and is formerly part of Yugoslavia. The official currency of the Republic of Serbia is the Serbian dinar (RSD). It is subdivided into 100 para. The Serbian dinar (nickname: "din") is recognized as the post-Yugoslavia dinar. The currency is acknowledged by all of Serbia, except for Kosovo. The Serbian dinar has a lengthy and complex history with the region that would someday grow to become the Republic of Serbia.
Serbia's central bank, called the National Bank of Serbia, is the one that issues the Serbian dinar. coins are minted in 1, 2, 5, 10, 20 din increments, while banknotes are denominated in 10, 20, 50, 100, 200, 500, 1,000, 5,000 din. Serbia lies at the crossroads of Europe in the central Balkans, which has since been a key to dominating the territory and a path for conquering forces. Serbia has been controlled by numerous countries, and the history of the Serbian dinar closely mirrors the history of Serbia. In 2006, the Republic of Serbia achieved its full independence and does not partake in the European Union (EU).