Convert Solomon Islands Dollar to Euro
Please provide values below to convert Solomon Islands Dollar [SBD] to Euro [EUR], or Convert Euro to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Euro
1 SBD = 9.66400844376686 EUR
Example: convert 15 SBD to EUR:
15 SBD = 15 × 9.66400844376686 EUR = 144.960126656503 EUR
Solomon Islands Dollar to Euro Conversion Table
| Solomon Islands Dollar | Euro |
|---|
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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.