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USD to SBD - Transfers Compared

USD-SBD Rate Calculator

 
   
   
   
   

   

Understanding the Table:

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.

 
   

USD to SBD Market Data

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

 
Sell USD   →   Buy SBD
1 USD = 8.3474 SBD
14d-lows
USD to SBD is at 14-day lows near 8.3404, just below its 3-month average, having traded in a stable 1.5% range from 8.3163 to 8.4435
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Tracker

  1 SBD = 0.1198 USD

Is the USD 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 US dollar against the Solomon Islands dollar is to review how the USD/SBD rate has changed over time.

The table below shows the percentage change in the USD to SBD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateUSD/SBDChangePeriod
07 Jul 2023
8.3642
0.1% 2 Week
22 Apr 2023
8.3000
0.7% 3 Month
21 Jul 2022
8.1453
2.6% 1 Year
22 Jul 2018
7.8860
5.9% 5 Year
23 Jul 2013
7.1030
17.6% 10 Year
26 Jul 2003
7.3296
14% 20 Year
USD/SBD historic rates & change to 21-Jul-2023
USD/SBD hits 14-day lows near 8.3404 as US jobless claims spike to Oct highs. Analysts say Fed may turn dovish on labor mkt concerns. All eyes on NFP data - could trigger further USD weakness if job numbers disappoint. #forex #USDSBD

 

USD 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 US 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 USD amounts at today’s rate * :

USD SBD
$ 1 S$ 8.3474
$ 5 S$ 41.74
$ 10 S$ 83.47
$ 20 S$ 166.95
$ 50 S$ 417.37
$ 100 S$ 834.74
$ 250 S$ 2,087
$ 500 S$ 4,174
$ 1,000 S$ 8,347
$ 2,000 S$ 16,695
$ 5,000 S$ 41,737
$ 10,000 S$ 83,474
$ 20,000 S$ 166,948
$ 50,000 S$ 417,370
$ 100,000 S$ 834,740
USD SBD
$ 0.1198 S$ 1
$ 0.5990 S$ 5
$ 1.1980 S$ 10
$ 2.3960 S$ 20
$ 5.9900 S$ 50
$ 11.98 S$ 100
$ 29.95 S$ 250
$ 59.90 S$ 500
$ 119.80 S$ 1,000
$ 239.60 S$ 2,000
$ 599.00 S$ 5,000
$ 1,198 S$ 10,000
$ 2,396 S$ 20,000
$ 5,990 S$ 50,000
$ 11,980 S$ 100,000

More amounts

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

 
 

What is the best Send Money conversion rate for USD to SBD?

The best USD to SBD exchange rate is 8.2931 from Wise. This is -0.65% compared to the mid-market rate 8.3474.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully 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 by banks and other foreign exchange providers against the latest USD-SBD mid-rate and the possible savings of using various providers. 

How do USD-SBD rates compare between providers?

Looking at the full comparison table the best USD to SBD exchange rate is 8.2931 from Wise, -0.65% from the mid-market rate 8.3474. The next best rate is 8.2138 from Western Union, -1.6% from the mid-rate. Then WorldRemit with 8.1471 is -2.4% from the mid-rate.

Among the banks the Chase Bank rate is 6.9936 at -16.2% the Wells Fargo Bank rate is 6.9435 at -16.8% and the Citibank rate is 7.3275 at -12.2% compared to the mid-rate 8.3474.

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: