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)
Here's what I found so far.
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%
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%)
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
Here's a website that I'm referring whenever I'm about to check exchange rates for different banks (although I'm looking for average exchange rate, not for certain bank) enter link description here
As far as I know, they're using National bank of Serbia exchange rate as a reference enter link description here
Certain banks such as Credi-Agricole and Societe Generale have a "Non-guaranteed exchange rate" which gets better conversion rates when chosen.
I put my Mastercard, choose that option and withdraw certain amount of Serbian dinars (RSD)
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