The live mid-rate AUD to SBD exchange rate is 5.3353. Compare currency conversion rates - Reduce FX costs.
The best AUD to SBD exchange rate is 5.298 from Wise. This is -0.7% compared to the mid-market rate 5.3353.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Solomon Islands dollar (SBD) rates from different sources before making a conversion.
Looking at our comparison table the best AUD to SBD exchange rate is 5.298 from Wise, -0.7% from the mid-market rate 5.3353. The next best rate is 5.2926 from Currencies Direct, -0.8% from the mid-rate. Then Western Union with 5.282 is -1% from the mid-rate.
Among the banks, the Commonwealth Bank rate is 5.0094 at -6.1%, the ANZ Bank rate is 5.0051 at -6.2%, and the ING Bank rate is 4.6779 at -12.3% compared to the mid-rate 5.3353.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Aussie to Solomon Islands dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest AUD-SBD mid-rate (see Market Data below ) and the possible savings of using various providers.
Australian dollar (AUD) to Solomon Islands dollar (SBD) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | AUD/SBD | Change | Period |
---|---|---|---|
07 Jul 2023 | 5.5823 | 0.7% ▲ | 2 Week |
22 Apr 2023 | 5.5544 | 1.2% ▲ | 3 Month |
21 Jul 2022 | 5.6382 | 0.3% ▼ | 1 Year |
22 Jul 2018 | 5.8606 | 4.1% ▼ | 5 Year |
23 Jul 2013 | 6.5817 | 14.6% ▼ | 10 Year |
26 Jul 2003 | 4.8573 | 15.8% ▲ | 20 Year |
Here are some popular conversion amounts for AUD to SBD (Australian dollar to Solomon Islands dollar)*.
AUD | SBD |
---|---|
A$ 1,000 | S$ 5,335 |
A$ 5,000 | S$ 26,677 |
A$ 20,000 | S$ 106,706 |
A$ 100,000 | S$ 533,530 |
AUD | SBD |
---|---|
A$ 187.40 | S$ 1,000 |
A$ 937.00 | S$ 5,000 |
A$ 3,748 | S$ 20,000 |
A$ 18,740 | S$ 100,000 |
More amounts
*Converted at the current AUDSBD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Australian dollar (AUD) is currently experiencing notable volatility, recently trading at 7-day highs near 5.2691 against the Solomon Islands dollar (SBD), closely aligning with its 3-month average. The currency has demonstrated significant movement over the past week, fluctuating within a 9.0% range from 4.9540 to 5.3974.
Read our full review of recent AUD to SBD forecasts.
There are several ways to save on exchange rates when converting Australian dollar to Solomon Islands dollar:
Generally speaking, if you are buying Solomon Islands dollar with Australian dollar, then it's better for the AUD/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.
Read our Currency guide to the Solomon Islands — a practical currency and money guide to travel in the Solomon Islands plus living and doing business with the Solomon Islands dollar.
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.
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 AUD/SBD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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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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