Convert New Taiwan Dollar to Solomon Islands Dollar
Please provide values below to convert New Taiwan Dollar [TWD] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Solomon Islands Dollar
1 TWD = 3.56349736059705 SBD
Example: convert 15 TWD to SBD:
15 TWD = 15 × 3.56349736059705 SBD = 53.4524604089558 SBD
New Taiwan Dollar to Solomon Islands Dollar Conversion Table
| New Taiwan Dollar | Solomon Islands Dollar |
|---|
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.