Convert Solomon Islands Dollar to South Korean Won
Please provide values below to convert Solomon Islands Dollar [SBD] to South Korean Won [KRW], or Convert South Korean Won to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to South Korean Won
1 SBD = 0.00596027170246277 KRW
Example: convert 15 SBD to KRW:
15 SBD = 15 × 0.00596027170246277 KRW = 0.0894040755369416 KRW
Solomon Islands Dollar to South Korean Won 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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.