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Information only

Everything published on kursdanas.rs — reference rates, charts, converter results and cross-rate tables — is published for information purposes only.

The rate that counts is the one your bank, exchange office or payment provider quotes you at the moment of the transaction. The European Central Bank publishes its reference rates once per working day, in the afternoon; they describe the market at that moment and are not rates at which anyone trades.

We are not a financial adviser

kursdanas.rs is not a bank, an exchange office, a payment institution, an investment firm or a provider of any financial service. Nothing on this site is:

  • investment advice or a recommendation to buy, sell or hold any currency;
  • an assessment of whether a product is suitable for your situation;
  • an invitation to enter into a contract.

Before making a financial decision, speak to a licensed professional and read the terms your own bank offers you.

Converter and cross rates

The converter gives you an indication, not a quote:

  • it uses the daily reference rates of the European Central Bank, which are mid-market rates — no bank or exchange office buys or sells at them;
  • the amount you actually receive is lower, because the provider adds its own margin and often a fixed fee as well;
  • rates between two currencies that are not the euro are derived: we calculate them through the euro, so a small difference from a quote you see elsewhere is normal.

Third-party data

We take our data from the public sources listed on the About us page. We are not responsible for errors, delays or outages at those sources. When an update fails, we would rather show the last known figure with a visible date than a number we cannot stand behind.

External links

The site links to pages of banks and institutions. We have no control over their content and are not responsible for it.

Frequently asked questions

That the figures are anything more than information. Reference rates, charts, converter results and cross-rate tables are published for information only: they are not an offer, a quote, an invitation to enter into a contract or financial advice. The rate that counts is the one your bank, exchange office or payment provider gives you at the moment of the transaction.

We take our data from the public sources named on the About page, and we are not responsible for errors, delays or outages at those sources, nor for a decision you make on the basis of a figure shown here. What we do commit to is visible dating: when an update fails we show the last known figure with its date rather than a number we cannot stand behind.

Because both are easy to mistake for a quote. The converter uses mid-market reference rates at which no bank or exchange office deals, so the amount you actually receive is lower once a margin and any fixed fee are applied. Cross rates are derived through the euro rather than published by anyone, so a small difference from a figure elsewhere is normal.