Convert Solomon Islands Dollar to Papua New Guinean Kina
Please provide values below to convert Solomon Islands Dollar [SBD] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Papua New Guinean Kina
1 SBD = 1.96230413868648 PGK
Example: convert 15 SBD to PGK:
15 SBD = 15 × 1.96230413868648 PGK = 29.4345620802972 PGK
Solomon Islands Dollar to Papua New Guinean Kina 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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.