Convert Solomon Islands Dollar to Macedonian Denar
Please provide values below to convert Solomon Islands Dollar [SBD] to Macedonian Denar [MKD], or Convert Macedonian Denar to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Macedonian Denar
1 SBD = 0.155934814119571 MKD
Example: convert 15 SBD to MKD:
15 SBD = 15 × 0.155934814119571 MKD = 2.33902221179356 MKD
Solomon Islands Dollar to Macedonian Denar Conversion Table
| Solomon Islands Dollar | Macedonian Denar |
|---|
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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.