Convert Solomon Islands Dollar to Nigerian Naira
Please provide values below to convert Solomon Islands Dollar [SBD] to Nigerian Naira [NGN], or Convert Nigerian Naira to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Nigerian Naira
1 SBD = 0.00538347448090678 NGN
Example: convert 15 SBD to NGN:
15 SBD = 15 × 0.00538347448090678 NGN = 0.0807521172136017 NGN
Solomon Islands Dollar to Nigerian Naira 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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.