Convert Solomon Islands Dollar to Thai Baht
Please provide values below to convert Solomon Islands Dollar [SBD] to Thai Baht [THB], or Convert Thai Baht to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Thai Baht
1 SBD = 0.255816047136835 THB
Example: convert 15 SBD to THB:
15 SBD = 15 × 0.255816047136835 THB = 3.83724070705252 THB
Solomon Islands Dollar to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.