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Foreign Exchange Guide to the Solomon Islands

Read this currency guide to the Solomon Islands with money transfer and travel tips.   [USD/SBD=8.1171]

 
Solomon Islands
Country Code:
SB
Domestic Currency:
Solomon Islands Dollar
Symbol - Code:
$ SBD
Telephone Prefix:
+677

This is a foreign exchange guide to the Solomon Islands, the Solomon Islands Dollar currency plus SBD transfers and travel tips.

In this the Solomon Islands currency guide we take a look at :

  1. Solomon Islands Dollar info - general info about the Solomon Islands Dollar
  2. Solomon Islands Dollar in the markets - recent SBD moves and predictions from the FX markets
  3. Travelling in the Solomon Islands - currency & money saving tips
  4. Buying Solomon Islands Dollar cash online - travel money for the Solomon Islands
  5. Sending money to the Solomon Islands - save on Solomon Islands Dollar bank transfers to the Solomon Islands
  6. Solomon Islands Dollar exchange rates - latest & historic exchange rates.

Solomon Islands Dollar (SBD) general currency information


What is the Solomon Islands Dollar currency code and symbol?

The three letter currency code for the Solomon Islands Dollar is SBD and the symbol is $.


Which countries use the Solomon Islands Dollar?

It is the domestic currency in Solomon Islands.


Solomon Islands Dollar (SBD) in the markets

The interactive chart below shows the USD to SBD exchange rate and trend for the previous 3 months:

Travel, Currency and Money saving tips for the Solomon Islands

 

Solomon Islands are laid-back, welcoming and often surprisingly untouched. From WWII relics scattered in the jungle to leaf-hut villages where traditional culture is alive. Then there’s the visual appeal, with scenery reminiscent of a Discovery Channel documentary: volcanic islands, croc-infested mangroves, huge lagoons, tropical islets and emerald forests. Don’t expect white-sand beaches and ritzy resorts. With only a smattering of traditional guesthouses and comfortable hideaways, it’s tailor-made for ecotourists. For outdoorsy types, lots of action-packed experiences await: climb an extinct volcano, surf uncrowded waves, snorkel pristine reefs or kayak across a lagoon. Beneath the ocean’s surface, awesome WWII wrecks and dizzying drop-offs will enthrall divers.

What currency to use in the Solomon Islands?

The currency used in the Solomon Islands is the Solomon Islands dollar (SBD) and foreign currency exchanges are readily available. However, some resorts do accept Australian dollars as payment. The coins look almost identical in size to the currency used in Australia. If you plan on shopping or purchasing handicrafts - you will need some local currency.

There are the main commercial banks, ANZ, BSP, Bred Bank and Pan Oceanic Bank. ANZ, BSP, Bred Bank and POB operate ATM money machines in Honiara. All commercial banks in Honiara, Auki and Gizo handle foreign exchange and there are also currency exchange services available at Honiara International Airport. Some of the hotels and resorts around the country will accept American Express, Mastercard and Visa credit cards, but not all so it may be worth checking first.

Travel in the Solomon Islands.

Canadian, U.S., British, Commonwealth and E.E.C visitors do not need to obtain a visa before arrival. (Subject to change). Passports must be valid for 6 months after your departure. Everyone needs a passport, onward ticket, and sufficient funds to cover their stay in the Solomon Islands. Honiara International Airport is located 8 kilometres east of the capital, Honiara. Solomon Airlines offers flights departing from Brisbane, Australia four times a week, whilst Virgin Australia offers an additional two services to and from Brisbane. There are also flights departing from Port Vila Vanuatu, Nadi Fiji and Port Moresby Papua New Guinea.

Outboard-powered dinghies are the most common means of transport in the Solomons. People pay a fare to travel a sector. Charters cost around S$1500 per day for the boat and a driver; fuel is often not included (S$22 per litre in remote areas). Public minibuses are found only in Honiara. Elsewhere, people pile into open-backed trucks or tractor-drawn trailers. Taxis are plentiful in Honiara and there are small fleets in Gizo and Auki. They are meterless, so agree on the price before you set off.

Travel tips for the Solomon Islands.

The Solomons was the scene of bloody naval, air and land battles during the war in the Pacific in 1942-43. History buffs and the families of veterans come to see the memorials, museums and rusting military hardware, mainly on Guadalcanal Island but also in the Western Province. You can still see jeeps, tanks and amphibious vehicles in the jungle, as well as foxholes and caves where the Japanese were dug in.

There are hot springs on Savo, where a volcano last erupted in the 1840s. Solomon Islands has a number of other volcanoes. For example, Tinakula in the Santa Cruz group and Kavachi, a submarine volcano near New Georgia, have erupted regularly every few years, and Simbo Island has a solfatara (a volcanic area or vent that yields only hot vapours and sulfurous gases).

There are between sixty and seventy languages spoken in the Solomon Islands archipelago as opposed to the nation state of Solomon Islands, which covers a smaller area. The lingua franca is Pijin, and the official language is English.

The Solomon Islands enjoy a tropical climate with daytime temperatures averaging 29C and evening temperatures averaging 19C. April to November is the most popular time to visit as the climate is very pleasant with little rain but the Solomon Islands are definitely considered a year round destination.

 

Travel money for the Solomon Islands

 

Save money and time by Ordering your Solomon Islands Dollar online from Travelex, you get better rates and can pick up the SBD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Solomon Islands Dollar otherwise you may get much worst exchange rates.

   

the Solomon Islands Trip Checklist    

 
  1. Compare SBD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in the Solomon Islands
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to the Solomon Islands

When searching around for information on how to get a good exchange rate when sending money to the Solomon Islands you need to start with finding out the latest Solomon Islands Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to the Solomon Islands

When sending money to the Solomon Islands it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Solomon Islands Dollar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted SBD amount will be transfered to the recipient account you specify in the Solomon Islands.

Use our Send to SBD calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Solomon Islands Dollar deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to the Solomon Islands

Compare Transfer Rates

 

SBD/USD - Solomon Islands Dollar to United States Dollar - Historical Rates

PeriodSBD/USDDate
1 Day0.123219 Aug 2019
1 Week0.121613 Aug 2019
1 Month0.121021 Jul 2019
6 Months0.121921 Feb 2019
1 Year0.126820 Aug 2018
5 Years0.138621 Aug 2014
10 Years0.126922 Aug 2009

SBD/EUR - Solomon Islands Dollar to Euro - Historical Rates

PeriodSBD/EURDate
1 Day0.111219 Aug 2019
1 Week0.108813 Aug 2019
1 Month0.107921 Jul 2019
6 Months0.107521 Feb 2019
1 Year0.110320 Aug 2018
5 Years0.104321 Aug 2014
10 Years0.088522 Aug 2009

SBD/GBP - Solomon Islands Dollar to British Pound Sterling - 10 Year History

PeriodSBD/GBPDate
1 Day0.101619 Aug 2019
1 Week0.100813 Aug 2019
1 Month0.096721 Jul 2019
6 Months0.093521 Feb 2019
1 Year0.099020 Aug 2018
5 Years0.083621 Aug 2014
10 Years0.076822 Aug 2009

SBD/AUD - Solomon Islands Dollar to Australian Dollar - Historical Rates

PeriodSBD/AUDDate
1 Day0.182419 Aug 2019
1 Week0.179013 Aug 2019
1 Month0.171821 Jul 2019
6 Months0.171521 Feb 2019
1 Year0.172820 Aug 2018
5 Years0.148921 Aug 2014
10 Years0.152122 Aug 2009

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