Convert Solomon Islands Dollar to Australian Dollar
Please provide values below to convert Solomon Islands Dollar [SBD] to Australian Dollar [AUD], or Convert Australian Dollar to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Australian Dollar
1 SBD = 5.38876536751243 AUD
Example: convert 15 SBD to AUD:
15 SBD = 15 × 5.38876536751243 AUD = 80.8314805126864 AUD
Solomon Islands Dollar to Australian Dollar Conversion Table
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Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.