This paper deals with determining the parameters of a resistance spot welding (RSW) transformer dynamic model. To obtain an efficient, accurate, and reliable dynamic model of an electromagnetic device, accurate determination of its model's parameters is crucial. In regard to an RSW transformer, determining of the dynamic model's parameters presents a big challenge. This paper presents a new methodology for determining such parameters, which can be used where other methods are not applicable or they give inaccurate results. It is based on a stochastic optimization algorithm called differential evolution (DE). Using the presented dynamic model of the device, the parameters of the model are determined by DE in such a way that the deviation between the measured and the calculated values is minimal.