Convert Solomon Islands Dollar to Bitcoin
Please provide values below to convert Solomon Islands Dollar [SBD] to Bitcoin [BTC], or Convert Bitcoin to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Bitcoin
1 SBD = 975217.597095757 BTC
Example: convert 15 SBD to BTC:
15 SBD = 15 × 975217.597095757 BTC = 14628263.9564364 BTC
Solomon Islands Dollar to Bitcoin 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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.