Convert Solomon Islands Dollar to Nicaraguan Córdoba
Please provide values below to convert Solomon Islands Dollar [SBD] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Nicaraguan Córdoba
1 SBD = 0.224010634422691 NIO
Example: convert 15 SBD to NIO:
15 SBD = 15 × 0.224010634422691 NIO = 3.36015951634037 NIO
Solomon Islands Dollar to Nicaraguan Córdoba Conversion Table
| Solomon Islands Dollar | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.