Bucharest Travel Forum

Is it possible to exchange Serbian RSD currency to Romanian Ron in Romania and where ?

I don't think it's possible, but you could try it in some cities near the Serbian border (Jimbolia, Deta) or even in Timisoara.

I was buying and selling RSD for HUF as far as Budapest. The best rates are in the banks located in Supermarkets. It's absolutely legal. Avoid people on the streets who offer you change money "from hand" and do not look like Central Europeans. That is illegal.

I mean, if someone approaches you in Romania, does not look like local and tries to push you into some quick business with money exchange, stay away.

Other than for the black market, that is not possible in Romania (Budapest is the capital of Hungary and HUF is the national currency of Hungary). I advise you to change the RSD into EUR before leaving the country and then to change EUR into RON once in Romania, unless you want to deal with the black market (not advisable, rates are bad and that is illegal).
Alex

Thanks for the update! This is interesting because the practice in Romania is somewhat different.
Just before the words "black" and "illegal" would scare someone: the RSD (Serbian currency), RON (Romanian currency) and since I mentioned it - HUF (Hungarian currency) are perfectly exchangeable, practically freely convertible currencies. It's just the practice of some money-changers from Middle East what is illegal. Unlike eons ago during the "Socialist" time when hard currency was in demand and "on the street" it was better, now it's just opposite: in all involved countries licensed money-changers and banks are much better, ignore the "black market".

Maybe I put it the wrong way. The problem is that official money changers and banks in Romania do not accept RSD, just like official money changers and banks in Serbia do not accept RON. So the consequence is that the only "option" there is the black market, which is not recommendable. For instance, banks in Bucharest accept for change HUF or PLN, but they do not accept BGN or RSD. It is a matter of policy and - in the end of the day - volume, but this is the way it is.
Alex