USD to SBD Exchange Rate - Convert US Dollar to Solomon Islands Dollar

Converting from US Dollar (USD) to Solomon Islands Dollar (SBD)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and is one of the most widely used currencies in the world. It is recognized globally as a standard for both personal and international transactions. The symbol for the US Dollar is $ and is often used in conjunction with its currency code, USD.

Introduced in 1792, the USD has evolved into a major reserve currency, with many countries holding it as a part of their foreign exchange reserves. This dominance can be attributed to the economic stability of the United States and the size of its economy. The US Dollar is subdivided into 100 smaller units called cents.

In terms of currency exchange, the value of the US Dollar fluctuates based on various factors, including interest rates, economic indicators, inflation, and geopolitical events. Foreign exchange markets allow for the buying and selling of USD against various other currencies, making it an essential aspect of global finance.

What is Solomon Islands Dollar (SBD)

The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, an archipelago located in the South Pacific Ocean. The SBD was introduced in 1977, replacing the Australian Dollar (AUD) at par. The currency is denoted by the symbol $ or by the abbreviated code SBD. The Solomon Islands Dollar is further divided into 100 smaller units, called cents.

The economy of the Solomon Islands is largely dependent on agriculture, forestry, and fishing, which contributes to the value of the SBD. As a developing nation, the currency's exchange rate can be influenced by domestic factors such as inflation, political stability, and natural disasters, as well as global factors like commodity prices and foreign investments.

When converting from USD to SBD, it is essential to note the current exchange rate, which can vary based on market conditions. To determine the amount of SBD you'd receive for a particular sum of USD, you can use the following formula:

Amount in SBD = Amount in USD × Exchange Rate (USD to SBD)

For example, if the exchange rate is 8.00 SBD for 1 USD, then converting $100 would result in:

Amount in SBD = 100 × 8.00 = 800 SBD

To convert back from SBD to USD, you can use the reverse of the above formula.

Understanding both currencies and their significance in the global market is essential for anyone engaging in international travel or trade with the Solomon Islands. Always check for the latest exchange rates to ensure accurate conversions.

US Dollar to Solomon Islands Dollar conversion table

USD to SBD conversion table

US Dollar (USD)Solomon Islands Dollar (SBD)
1 USD8.46020313943 SBD
2 USD16.92040627886 SBD
3 USD25.38060941828 SBD
4 USD33.84081255771 SBD
5 USD42.30101569714 SBD
6 USD50.76121883656 SBD
7 USD59.22142197599 SBD
8 USD67.68162511542 SBD
9 USD76.14182825485 SBD
10 USD84.60203139428 SBD
100 USD846.02031394275 SBD
200 USD1 692.0406278855 SBD
300 USD2 538.06094182825 SBD
400 USD3 384.081255771 SBD
500 USD4 230.10156971375 SBD
600 USD5 076.1218836565 SBD
700 USD5 922.14219759925 SBD
800 USD6 768.162511542 SBD
900 USD7 614.18282548475 SBD
1 000 USD8 460.2031394275 SBD
2 000 USD16 920.406278855 SBD
5 000 USD42 301.0156971375 SBD
10 000 USD84 602.031394275 SBD
20 000 USD169 204.06278855 SBD
50 000 USD423 010.156971375 SBD
100 000 USD846 020.31394275 SBD
Last updated March 13, 2025 at 04:55 PM