Convert Solomon Islands Dollar to Japanese Yen
Please provide values below to convert Solomon Islands Dollar [SBD] to Japanese Yen [JPY], or Convert Japanese Yen to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Japanese Yen
1 SBD = 0.0561222682917527 JPY
Example: convert 15 SBD to JPY:
15 SBD = 15 × 0.0561222682917527 JPY = 0.841834024376291 JPY
Solomon Islands Dollar to Japanese Yen 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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.