Solomon Islands dollar
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| ISO 4217 Code | SBD |
| User(s) | Solomon Islands |
| Inflation | 10% |
| Source | The World Factbook, 2003 est. |
| Subunit | |
| 1/100 | cent |
| Symbol | SI$ |
| Coins | |
| Freq. used | 5, 10, 20, 50 cents, $1 |
| Rarely used | 1, 2 cent |
| Banknotes | $2, $5, $10, $20, $50, $100 |
| Central bank | Central Bank of Solomom Islands |
| Website | www.cbsi.com.sb |
The Solomon Islands dollar (currency code SBD) is the currency of Solomon Islands since 1975. It is normally abbreviated with the dollar sign $, or alternatively SI$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.
Contents |
[edit] History
For earlier currencies of the Solomon Islands, see Solomon Islands pound and Oceania pound.
The Solomon Islands dollar was introduced in 1975 to replace the Australian dollar at par, following independence. Over the 30 years of the dollar's separate existence, and especially during the civil war of 2000-2003, devaluation has taken its toll, with the Solomon Islands dollar now equal to 20 Australian cents.
[edit] Coins
Coins issued in:
- 1 cent (no longer in existence)
- 2 cents (no longer in existence)
- 5 cents
- 10 cents
- 20 cents
- 50 cents
- 1 dollar
The Solomon Islands is still in the Commonwealth and continues to have the Queen on its coins.
[edit] Banknotes
Banknotes come in:
- 2 dollars
- 5 dollars
- 10 dollars
- 20 dollars
- 50 dollars
- 100 dollars [1]
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