The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to the Solomon Islands can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the Solomon Islands bank accounts or pay a Solomon Islands dollar invoice.
NZD to SBD Market Data
New Zealand dollar (NZD) to Solomon Islands dollar (SBD) market data - latest interbank exchange rate, trend, chart & historic rates.
NZD to SBD at 5.0301 is 2.8% above its 3-month average of 4.8937, having traded in a fairly volatile 9.5% range from 4.6027 to 5.0408
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Tracker
1 SBD =
0.1986 NZD
Is the NZD to SBD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the New Zealand dollar against the Solomon Islands dollar is to review how the NZD/SBD rate has changed over time.
The table below shows the percentage change in the NZD to SBD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
NZD/SBD
Change
Period
07 Jul 2023
5.1908
0.5% ▼
2 Week
22 Apr 2023
5.0962
1.3% ▲
3 Month
21 Jul 2022
5.0852
1.5% ▲
1 Year
22 Jul 2018
5.3778
4% ▼
5 Year
23 Jul 2013
5.6710
9% ▼
10 Year
26 Jul 2003
4.3017
20% ▲
20 Year
NZD/SBD historic rates & change to 21-Jul-2023
NZD to SBD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much New Zealand dollar are worth in Solomon Islands dollar across a range of amounts.
This gives a quick view of what you’d get when converting different NZD amounts at today’s rate * :
What is the
best Send Money conversion rate for NZD to SBD?
The best NZD to SBD exchange rate is 5.0009 from Wise. This is -0.7% compared to the mid-market rate 5.0362.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
New Zealand dollar (NZD) to Solomon Islands dollar (SBD) rates from different sources before making a conversion.
The above
Kiwi to Solomon Islands dollar comparison table
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 NZD-SBD mid-rate and the possible savings of using various providers.
How do NZD-SBD rates compare between providers?
Looking at the
full comparison table
the best NZD to SBD exchange rate is 5.0009 from Wise, -0.7% from the mid-market rate 5.0362. The next best rate is 4.9606 from WorldRemit, -1.5% from the mid-rate. Then OFX with 4.5145 is -10.4% from the mid-rate.
Among the banks the ANZ Bank rate is 4.647 at -7.7% the BNZ Bank rate is 4.3584 at -13.5% and the TSB Bank rate is 4.3282 at -14.1% compared to the mid-rate 5.0362.
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.
View a full list of exchange rates by selecting your Base (from) currency: