Convert Solomon Islands Dollar to Cambodian Riel
Please provide values below to convert Solomon Islands Dollar [SBD] to Cambodian Riel [KHR], or Convert Cambodian Riel to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Cambodian Riel
1 SBD = 0.00205241137103396 KHR
Example: convert 15 SBD to KHR:
15 SBD = 15 × 0.00205241137103396 KHR = 0.0307861705655094 KHR
Solomon Islands Dollar to Cambodian Riel Conversion Table
| Solomon Islands Dollar | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.