Convert Solomon Islands Dollar to Brazilian Real
Please provide values below to convert Solomon Islands Dollar [SBD] to Brazilian Real [BRL], or Convert Brazilian Real to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Brazilian Real
1 SBD = 1.48024070414945 BRL
Example: convert 15 SBD to BRL:
15 SBD = 15 × 1.48024070414945 BRL = 22.2036105622418 BRL
Solomon Islands Dollar to Brazilian Real Conversion Table
Solomon Islands Dollar | Brazilian Real |
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.