Convert Solomon Islands Dollar to Turkish Lira
Please provide values below to convert Solomon Islands Dollar [SBD] to Turkish Lira [TRY], or Convert Turkish Lira to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Turkish Lira
1 SBD = 0.203767491660629 TRY
Example: convert 15 SBD to TRY:
15 SBD = 15 × 0.203767491660629 TRY = 3.05651237490944 TRY
Solomon Islands Dollar to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.