Convert Solomon Islands Dollar to Jamaican Dollar
Please provide values below to convert Solomon Islands Dollar [SBD] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Jamaican Dollar
1 SBD = 0.0514781902515969 JMD
Example: convert 15 SBD to JMD:
15 SBD = 15 × 0.0514781902515969 JMD = 0.772172853773953 JMD
Solomon Islands Dollar to Jamaican Dollar 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.