Convert Solomon Islands Dollar to Somali Shilling
Please provide values below to convert Solomon Islands Dollar [SBD] to Somali Shilling [SOS], or Convert Somali Shilling to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Somali Shilling
1 SBD = 0.014420596682484 SOS
Example: convert 15 SBD to SOS:
15 SBD = 15 × 0.014420596682484 SOS = 0.21630895023726 SOS
Solomon Islands Dollar to Somali Shilling Conversion Table
| Solomon Islands Dollar | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.