Convert Philippine Peso to Solomon Islands Dollar
Please provide values below to convert Philippine Peso [PHP] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Philippine Peso.
How to Convert Philippine Peso to Solomon Islands Dollar
1 PHP = 6.91005400157757 SBD
Example: convert 15 PHP to SBD:
15 PHP = 15 × 6.91005400157757 SBD = 103.650810023664 SBD
Philippine Peso to Solomon Islands Dollar Conversion Table
| Philippine Peso | Solomon Islands Dollar |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets 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.