Convert Solomon Islands Dollar to Kuwaiti Dinar
Please provide values below to convert Solomon Islands Dollar [SBD] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Kuwaiti Dinar
1 SBD = 26.9826457105436 KWD
Example: convert 15 SBD to KWD:
15 SBD = 15 × 26.9826457105436 KWD = 404.739685658153 KWD
Solomon Islands Dollar to Kuwaiti Dinar Conversion Table
Solomon Islands Dollar | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.