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USD to SBD - Compare Exchange Rates

United States Dollar to Solomon Islands Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to SBD interbank exchange rate = 8.141

Right now the USD/SBD interbank exchange rate is 8.141. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Solomon Islands Dollar to United States Dollar.

This USD/SBD Converter calculates equivalent United States Dollar to Solomon Islands Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / SBD converter & margin calculator


$USD
$SBD
Mid-rates:
 

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USD/SBD exchange rates for:

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United States Dollar

Solomon Islands Dollar

1 USD 8.1410 SBD
5 USD 40.71 SBD
10 USD 81.41 SBD
20 USD 162.82 SBD
50 USD 407.05 SBD
100 USD 814.10 SBD
250 USD 2,035.25 SBD
500 USD 4,070.50 SBD
1,000 USD 8,141.00 SBD
2,000 USD 16,282.00 SBD
5,000 USD 40,705.00 SBD
10,000 USD 81,410.00 SBD
50,000 USD 407,050.00 SBD
100,000 USD 814,100.00 SBD
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United States Dollar

Solomon Islands Dollar

0.1228 USD 1 SBD
0.6140 USD 5 SBD
1.2280 USD 10 SBD
2.4560 USD 20 SBD
6.1400 USD 50 SBD
12.28 USD 100 SBD
30.70 USD 250 SBD
61.40 USD 500 SBD
122.80 USD 1,000 SBD
245.60 USD 2,000 SBD
614.00 USD 5,000 SBD
1,228.00 USD 10,000 SBD
6,140.00 USD 50,000 SBD
12,280.00 USD 100,000 SBD
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United States Dollar to Solomon Islands Dollar (USD-SBD) - 10 Year History

The below table shows the historic variation in the USD/SBD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Apr 20198.1410Latest
13 Apr 20198.17431 Week-0.41%
21 Mar 20198.05561 Month+1.06%
22 Oct 20187.94036 Months+2.53%
20 Apr 20187.77641 Year+4.69%
20 Apr 20177.83532 Years+3.9%
21 Apr 20147.27355 Years+11.93%
22 Apr 20097.998410 Years+1.78%

Why can't I just get the USD/SBD market rate I see on Google or in the Media?

The USD/SBD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / SBD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/SBD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to SBD exchange rate

  1. Know the latest USD/SBD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Solomon Islands Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs SBD, you should pay attention to both United States Dollar and Solomon Islands Dollar news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Solomon Islands Dollar (SBD) - Market news and forecasts

No recent Solomon Islands Dollar market updates.