Convert Solomon Islands Dollar to Indonesian Rupiah
Please provide values below to convert Solomon Islands Dollar [SBD] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Indonesian Rupiah
1 SBD = 0.00050592655772273 IDR
Example: convert 15 SBD to IDR:
15 SBD = 15 × 0.00050592655772273 IDR = 0.00758889836584095 IDR
Solomon Islands Dollar to Indonesian Rupiah 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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.