Convert Solomon Islands Dollar to Norwegian Krone
Please provide values below to convert Solomon Islands Dollar [SBD] to Norwegian Krone [NOK], or Convert Norwegian Krone to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Norwegian Krone
1 SBD = 0.814938982179236 NOK
Example: convert 15 SBD to NOK:
15 SBD = 15 × 0.814938982179236 NOK = 12.2240847326885 NOK
Solomon Islands Dollar to Norwegian Krone Conversion Table
| Solomon Islands Dollar | Norwegian Krone |
|---|
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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.