Convert Solomon Islands Dollar to Moroccan Dirham
Please provide values below to convert Solomon Islands Dollar [SBD] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Moroccan Dirham
1 SBD = 0.914767492201636 MAD
Example: convert 15 SBD to MAD:
15 SBD = 15 × 0.914767492201636 MAD = 13.7215123830245 MAD
Solomon Islands Dollar to Moroccan Dirham Conversion Table
| Solomon Islands Dollar | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.