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What spread (buy vs sell exchange rate difference, %) can be typically expected in cash currency exchange booths in Belgrad airport, Terminal 2? In rural regions of Serbia (e.g. Kopaonik)? Interested both for EUR and USD.

(follow up from this thread)

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1 Answer 1

Here's what I found so far.

Belgrade Airport

  1. Сash exchange machine in the airport, right at the baggage pickup area upon arrivals, as of 1 March 2014:
    USD: buy 80 (while official selling rate of National Bank of Serbia was 84.8722) -- which gives at least spread 6.09%, very likely more
    EUR: buy 110 (rate of National Bank of Serbia was 116.2834) -- which makes at least spread 5.71%

  2. Via Thorn Tree fellow traveller, these are exchange rates for the banks that have offices in the airport, as of 21 Feb 2014:

    AlphaBank Serbia
    EUR: 113.9363 / 117.8771 (hence spread is 3.46%)
    USD: 81.7767 / 87.1835 (hence spread is 6.61%)

    Komercijalna banka
    EUR: 114,1681 / 117,6453 (spread 3.04%)
    USD: 83,2129 / 85,7473 (spread 3.04%)

Kopaonik

A sample rate as of 03-Mar-2014 in the downtown was:
USD: 81 / 84 (spread 3.70%), while rates at VIP system in Belgrade were 82.7 / 85.5
EUR: 113 / 116 (spread 2.65%), while rates at VIP system in Belgrade were 115 / 116.5

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@MarkMayo Does it help? :-) –  yurkennis Mar 13 at 12:20
    
Well you answered your own question, so I guess it helped :) You can probably accept it too. I've awarded the bounty. –  Mark Mayo Mar 13 at 13:26
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