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Serbian Exchange Rates

500 RSD from 2008 is worth 994 RSD today

500 RSD from 2008 is worth today

994 RSD

Cumulative inflation: +98.73% (2008 - 2025)

An amount of 500 RSD from 2008 would be worth 994 RSD today after accounting for 98.73% cumulative inflation over 17 years. The average annualized inflation rate for this period was 4.12%. The highest inflation was recorded in 2022 at 11.59%, which had the greatest impact on purchasing power erosion.

What could 500 RSD buy?

Coffee at a cafe

Could be bought for 80-100 RSD

Now costs 150-200 RSD

Loaf of bread

Cost around 40-50 RSD

Now costs 70-90 RSD

Daily newspaper

Could be bought for 50-80 RSD

Now costs 100-150 RSD

Value of 500 RSD over time

5006367729071.0K500 din.200820102012201420162018202020222024

Year-by-Year Breakdown

YearAdjusted Value (RSD)YoY Change
2008500 RSD-
2009515 RSD2.95%
2010542 RSD5.33%
2011577 RSD6.38%
2012612 RSD6.15%
2013618 RSD0.96%
2014628 RSD1.57%
2015635 RSD1.14%
2016646 RSD1.79%
2017659 RSD1.89%
2018672 RSD2.05%
2019686 RSD2.07%
2020697 RSD1.60%
2021732 RSD4.96%
2022816 RSD11.59%
2023911 RSD11.52%
2024952 RSD4.59%
2025994 RSD4.34%

Methodology

The adjusted value is calculated using the formula: Amount x (End CPI / Start CPI). The CPI index for December 2008 was 118.5, and for December 2025 it was 235.5.

CPI data is sourced from the Statistical Office of the Republic of Serbia (RZS). The Consumer Price Index measures average price changes for a representative basket of goods and services.

Notable Years

Highest inflation: 2022 (11.59%)

Lowest inflation: 2013 (0.96%)

2008: The global financial crisis hit the Serbian economy, causing a decline in exports and rising unemployment.

2012: Inflation reached double digits driven by rising food and energy prices.

2015: Fiscal consolidation and structural reforms led to price stabilization.

2020: The COVID-19 pandemic slowed economic activity, but inflation remained low.

2022: The energy crisis and war in Ukraine caused a sharp acceleration of inflation across the region.

2023: Inflation began decelerating after monetary tightening by the National Bank of Serbia.

Frequently Asked Questions

What is 500 RSD from 2008 worth today?

After accounting for cumulative inflation of 98.73% since 2008, 500 RSD from that year would be equivalent to 994 RSD in today's purchasing power. This means you would need 994 RSD today to buy the same goods and services that 500 RSD could buy in 2008.

What was the total inflation rate from 2008 to today?

The cumulative inflation from 2008 to the latest available data is 98.73%. This translates to an average annualized inflation rate of 4.12% per year over this period.

How has the purchasing power of 500 RSD changed since 2008?

The purchasing power of 500 RSD has decreased significantly since 2008. Due to 98.73% cumulative inflation, you would need 994 RSD today to match the same purchasing power. This means 500 RSD today buys less than it did in 2008.

How is the adjusted value calculated?

The inflation-adjusted value is calculated using the Consumer Price Index (CPI) published by the Statistical Office of the Republic of Serbia (RZS). The formula is: Adjusted Value = Original Amount x (End CPI / Start CPI). We use December CPI values for 2008 and the latest available year to compute the result of 994 RSD.

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