Convert Solomon Islands Dollar to Dominican Peso
Please provide values below to convert Solomon Islands Dollar [SBD] to Dominican Peso [DOP], or Convert Dominican Peso to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Dominican Peso
1 SBD = 0.136542890755746 DOP
Example: convert 15 SBD to DOP:
15 SBD = 15 × 0.136542890755746 DOP = 2.04814336133618 DOP
Solomon Islands Dollar to Dominican Peso Conversion Table
Solomon Islands Dollar | Dominican Peso |
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.