Convert Australian Dollar to Solomon Islands Dollar
Please provide values below to convert Australian Dollar [AUD] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Australian Dollar.
How to Convert Australian Dollar to Solomon Islands Dollar
1 AUD = 0.185571263879619 SBD
Example: convert 15 AUD to SBD:
15 AUD = 15 × 0.185571263879619 SBD = 2.78356895819428 SBD
Australian Dollar to Solomon Islands Dollar Conversion Table
| Australian Dollar | Solomon Islands Dollar |
|---|
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.
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.