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Best USD to SBD Exchange Rates Compared Live

The best USD to SBD exchange rate is 8.4653. Compare foreign transfer and currency exchange rates, find better rates & deals.

USD-SBD Best Exchange Rate Calculator
 

Comparing USD-SBD exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Solomon Islands dollar (SBD) rates from different sources before making a conversion.

The above Dollar to Solomon Islands dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest USD-SBD mid-rate (see below) and the possible savings of using another provider.

 

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USD to SBD Market Data

US dollar (USD) to Solomon Islands dollar (SBD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 USD =
8.4653We compare provider deals to this wholesale mid-market rate. Read more
SBD
+0.1%
📈1W
USD to SBD is at 7-day highs near 8.4653, just above its 3-month average, having traded in a quite stable 4.7% range from 8.3511 to 8.7471
|
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  1 SBD = 0.1181 USD
DateUSD/SBDChangePeriod
07 Jul 2023
8.3642
0.1% â–¼2 Week
22 Apr 2023
8.3000
0.7% â–²3 Month
21 Jul 2022
8.1453
2.6% â–²1 Year
22 Jul 2018
7.8860
5.9% â–²5 Year
23 Jul 2013
7.1030
17.6% â–²10 Year
26 Jul 2003
7.3296
14% â–²20 Year
USD/SBD historic rates & change to 21-Jul-2023
 

What are equivalent amounts of USD and SBD?

Here are some popular conversion amounts for USD to SBD (US dollar to Solomon Islands dollar)*.

USD SBD
$ 1 S$ 8.4653
$ 5 S$ 42.33
$ 10 S$ 84.65
$ 20 S$ 169.31
$ 50 S$ 423.27
$ 100 S$ 846.53
$ 250 S$ 2,116
$ 500 S$ 4,233
$ 1,000 S$ 8,465
$ 2,000 S$ 16,931
$ 5,000 S$ 42,327
$ 10,000 S$ 84,653
$ 20,000 S$ 169,306
$ 50,000 S$ 423,265
$ 100,000 S$ 846,530
USD SBD
$ 0.1181 S$ 1
$ 0.5905 S$ 5
$ 1.1810 S$ 10
$ 2.3620 S$ 20
$ 5.9050 S$ 50
$ 11.81 S$ 100
$ 29.53 S$ 250
$ 59.05 S$ 500
$ 118.10 S$ 1,000
$ 236.20 S$ 2,000
$ 590.50 S$ 5,000
$ 1,181 S$ 10,000
$ 2,362 S$ 20,000
$ 5,905 S$ 50,000
$ 11,810 S$ 100,000

More amounts

*Converted at the current USDSBD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for USD to SBD

 

According to recent exchange rate analyst forecasts and currency market updates, the US dollar (USD) is set to maintain its strength against the Solomon Islands Dollar (SBD) in the near term. The USD closed last week on a positive note as expectations for Federal Reserve interest rate cuts were reduced. Despite a fall in US Treasury yields, the USD is expected to continue its momentum as long as market risk appetite remains weak. FX analysts suggest that the blowout January jobs report and strong US economic performance have shifted expectations, delaying potential rate cuts from the Federal Reserve. ING predicts no rate cut in March but maintains a call for rate cuts in May, with further reductions anticipated later in the year.

Read our full review of recent USD to SBD forecasts.

 

How to get a good USD to SBD exchange rate

There are several ways to save on exchange rates when converting US dollar to Solomon Islands dollar:

  1. Shop around for the best USD/SBD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the USD/SBD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and SBD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Solomon Islands dollar with US dollar, then it's better for the USD/SBD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

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

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the US dollar rise against the Solomon Islands dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/SBD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to the Solomon Islands - a practical currency and money guide to travel, living and doing business in the Solomon Islands with the Solomon Islands dollar.

 
 
 

Currency Country Guides

United StatesUnited States (USD)Solomon IslandsSolomon Islands (SBD)
   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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