Convert Solomon Islands Dollar to Maldivian Rufiyaa
Please provide values below to convert Solomon Islands Dollar [SBD] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Maldivian Rufiyaa
1 SBD = 0.53377336736148 MVR
Example: convert 15 SBD to MVR:
15 SBD = 15 × 0.53377336736148 MVR = 8.0066005104222 MVR
Solomon Islands Dollar to Maldivian Rufiyaa Conversion Table
| Solomon Islands Dollar | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.