Convert Solomon Islands Dollar to Argentine Peso
Please provide values below to convert Solomon Islands Dollar [SBD] to Argentine Peso [ARS], or Convert Argentine Peso to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Argentine Peso
1 SBD = 0.00650820979805239 ARS
Example: convert 15 SBD to ARS:
15 SBD = 15 × 0.00650820979805239 ARS = 0.0976231469707859 ARS
Solomon Islands Dollar to Argentine Peso 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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.