Convert British Pound Sterling to Solomon Islands Dollar
Please provide values below to convert British Pound Sterling [GBP] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to British Pound Sterling.
How to Convert British Pound Sterling to Solomon Islands Dollar
1 GBP = 0.0898246465627086 SBD
Example: convert 15 GBP to SBD:
15 GBP = 15 × 0.0898246465627086 SBD = 1.34736969844063 SBD
British Pound Sterling to Solomon Islands Dollar Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.