Currency of the Solomon Islands: Solomon Islands Dollar
The Solomon Islands Dollar Β· SBD Β· National
Who Issues The Solomon Islands Dollar in the Solomon Islands
The Solomon Islands uses the Solomon Islands Dollar (SBD) within its own national monetary framework. The Central Bank of the Solomon Islands is the responsible monetary authority, and ISO 4217 assigns the currency numeric code 090.
Monetary authority for the Solomon Islands Dollar sits domestically with Central Bank of the Solomon Islands. In the Solomon Islands, SBD is therefore governed through a national framework, not by an external currency issuer.
Exchange Rate for SBD
For SBD, a current reference observation is more useful than an undated number, the amount ultimately received or charged in the Solomon Islands can vary because financial providers apply their own conversion margin and fees.
Within the Solomon Islands' currency framework, hold the pair and timestamp constant when judging changes in the reference rate. Actual conversion costs depend on the provider's spread, fees and timing. This keeps the comparison internally consistent.
Banknotes and Coins
Banknotes
The Central Bank of Solomon Islands' current public guide lists SI$2, SI$5, SI$10, SI$20, SI$50 and SI$100 as present banknote denominations.
Coins
The same current CBSI guide lists 5, 10, 20 and 50 cent coins, plus SI$1 and SI$2 coins in circulation.
Frequently Asked Questions
What currency is used in the Solomon Islands?
The Solomon Islands Dollar (SBD) is the national currency of the Solomon Islands. Central Bank of the Solomon Islands is responsible for the domestic monetary framework.
Who manages the currency system in the Solomon Islands?
Central Bank of the Solomon Islands is the main monetary authority identified for the Solomon Islands.
Are the exchange rates for the Solomon Islands real-time?
For currency calculations involving the Solomon Islands, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. That makes it a reference value rather than a guaranteed transaction rate. It keeps the exchange-rate context transparent.
Sources & methodology
For the Solomon Islands, institutional currency facts are checked against Central Bank of Solomon Islands or the applicable monetary-system authority. The SBD identity follows ISO 4217, and the exchange-arrangement classification for the Solomon Islands is cross-checked against the IMF framework. A dynamic SBD observation for the Solomon Islands, when available, is kept separate from those institutional facts and shows its own date and provider.
View sources used for this page
- Central Bank of the Solomon Islands - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- Central Bank of Solomon Islands - current currency and banking FAQ