Convert Solomon Islands Dollar to Saudi Riyal
Please provide values below to convert Solomon Islands Dollar [SBD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Saudi Riyal
1 SBD = 2.19746666666667 SAR
Example: convert 15 SBD to SAR:
15 SBD = 15 × 2.19746666666667 SAR = 32.962 SAR
Solomon Islands Dollar to Saudi Riyal 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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.