Convert Solomon Islands Dollar to Peruvian Nuevo Sol
Please provide values below to convert Solomon Islands Dollar [SBD] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Peruvian Nuevo Sol
1 SBD = 2.31624364055429 PEN
Example: convert 15 SBD to PEN:
15 SBD = 15 × 2.31624364055429 PEN = 34.7436546083144 PEN
Solomon Islands Dollar to Peruvian Nuevo Sol Conversion Table
| Solomon Islands Dollar | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.