Convert Solomon Islands Dollar to Cayman Islands Dollar
Please provide values below to convert Solomon Islands Dollar [SBD] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Cayman Islands Dollar
1 SBD = 9.88899555982239 KYD
Example: convert 15 SBD to KYD:
15 SBD = 15 × 9.88899555982239 KYD = 148.334933397336 KYD
Solomon Islands Dollar to Cayman Islands Dollar 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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.