Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Solomon Islands dollar Markets

SBD Currency Update - Our review of Solomon Islands dollar forecasts and news plus charts and historic rates. Check SBD Trends over various time periods.

 

Recent forecasts and market updates reveal a complex interplay affecting the USD to SBD exchange rate, particularly given the USD's recent performance amid heightened global tensions. The US dollar has seen a rise due to risk-averse trading conditions, notably driven by increased US tariffs on Indian goods, which has contributed to a generally negative market sentiment. Analysts suggest that upcoming data, including US GDP growth estimates and jobless claims, could further influence the dollar's trajectory.

Key factors influencing the USD include the impending leadership transition at the Federal Reserve, which may lead to shifts in monetary policy direction. Analysts are closely monitoring the forthcoming Consumer Price Index report, with expectations of inflation potentially impacting interest rates and, consequently, dollar strength. The ongoing US-China trade negotiations are also critical; a favorable outcome could bolster the USD, while continued tensions may erode investor confidence.

In contrast, the Solomon Islands dollar (SBD) is currently facing systemic challenges. The Central Bank has chosen to maintain an accommodative monetary policy to support economic growth, while the IMF has projected modest growth for the island nation amid rising public debt. Additionally, geopolitical dynamics are influencing the SBD, evidenced by the exclusion of major donor countries from key political forums, which could impact foreign investment and economic support.

Currently, the USD to SBD exchange rate is near 90-day lows at around 8.2103, about 1% below its three-month average of 8.2961. This stability within a narrow range suggests some consolidation in the USD's value against the SBD, although volatility in both currencies could emerge based on future economic developments and geopolitical events.

Overall, forecasters recommend close monitoring of the macroeconomic indicators in the United States, as well as broader regional developments affecting the Solomon Islands, as these elements will significantly shape future movements in the USD to SBD exchange rate.

 

US dollar to Solomon Islands dollar - USD/SBD Trend

 
USD to SBD is at 90-day lows near 8.2103, 1.0% below its 3-month average of 8.2961, having traded in a stable 1.8% range from 8.2103 to 8.3544
|
 
1 USD =
8.2103We compare provider deals to this wholesale mid-market rate. Read more
SBD
 
1d −0.1%
90d lows
 
Track Rate

View My Rate Tracker

   
 

Compare & Save on Exchange Rates

Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

 

Loading exchange rates...