Convert Solomon Islands Dollar to Ethiopian Birr
Please provide values below to convert Solomon Islands Dollar [SBD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Ethiopian Birr
1 SBD = 0.0603093447465258 ETB
Example: convert 15 SBD to ETB:
15 SBD = 15 × 0.0603093447465258 ETB = 0.904640171197888 ETB
Solomon Islands Dollar to Ethiopian Birr Conversion Table
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.