The Serbian dinar strengthened against the euro by RSD 0.21 or 0.2 percent on Monday, thus setting the official middle exchange rate at RSD 101.5434 per EUR 1, the National Bank of Serbia (NBS) released.

During the weekend, the Friday middle exchange rate of RSD 101.7559 per EUR 1 was in force.

When compared to its level one month ago, the dinar went down against the common European currency by 0.3 percent, while on the annual level it strengthened by 4.2 percent.

In 2011, the dinar hit its highest level on May 23, when the official middle exchange rate was RSD 96.7007, and its lowest on January 6 with the exchange rate at RSD 106.4947.

The indicative exchange rate against the US dollar stood at RSD 75.2731 on Friday afternoon, which was 0.6 percent up compared o the previous day.

When compared to its level one month ago, the dinar weakened against the US dollar by 3.2 percent, and strengthened by 0.8 percent at the annual level, the NBS website reads.