Convert Malaysian Ringgit to Solomon Islands Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Solomon Islands Dollar
1 MYR = 0.513488259207572 SBD
Example: convert 15 MYR to SBD:
15 MYR = 15 × 0.513488259207572 SBD = 7.70232388811358 SBD
Malaysian Ringgit to Solomon Islands Dollar Conversion Table
| Malaysian Ringgit | Solomon Islands Dollar |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.