Rate direction
US dollar to Solomon Islands dollar · USD/SBD trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
USD to SBD is at 14-day lows near 8.0646, near its 3-month average, having traded in a stable 1.0% range from 8.0163 to 8.0974
Quick USD/SBD forecast
Currency Forecasts related to USD/SBD
USD to SBD Exchange Rate Forecast & Outlook
Currently, USD/SBD is trading close to recent highs near 8.08, above its 3-month average. The pair is supported by safe-haven flows driven by geopolitical tensions and oil price rallies.
USD to SBD Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 * :
*Converted at the current USD-SBD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Everyday Costs in in Solomon Islands
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
Currency Guide for Solomon Islands (ISO Code: SB)
For travelers planning a one-week mid-range stay in the captivating Solomon Islands, budgeting around 3,200 to 4,300 AUD or 2,100 to 2,800 USD would offer a comfortable experience. This budget should cover meals, excursions, and accommodation while allowing some room for spontaneous adventures. Here’s a snapshot of typical daily expenses in the local currency (SBD):
- 🍽️ Meal at a local restaurant: 70–150 SBD
- ☕ Coffee: 12–25 SBD
- 🚌 Public transport fare: 5–15 SBD
- 📱 Prepaid SIM card: 50–150 SBD
- 🏨 Budget hotel or Airbnb: 400–800 SBD
Overall, the Solomon Islands could be considered an average destination to visit, particularly compared to the United States and the UK. While some costs (like public transport and meals at local eateries) are relatively low, accommodations and services in tourist areas may be pricier. For example, a budget meal in the U.S. might run you around 20 USD, whereas it can be half that in the Solomon Islands. In contrast, the cost structure in the UK often mirrors that of the U.S., with higher prices for lodging and dining in major cities.
Expat Living Costs in the Solomon Islands
For those considering a move to the Solomon Islands, typical monthly living costs can vary significantly depending on lifestyle choices. On average, expats will need around 15,000 to 25,000 SBD per month. This includes rent for a modest apartment (1,500–3,000 SBD), groceries (3,000–5,000 SBD), and utilities (1,200–2,000 SBD).
In terms of banking and payment methods, it’s advisable for expats to have a local bank account for everyday transactions, but using credit or debit cards is also viable in urban areas. However, cash is preferred at local markets and small vendors. When sending or receiving money, online transfer services like Wise and OFX often provide better exchange rates and lower fees than local currency exchange, making them a suitable choice for managing finances internationally. Opting to exchange money locally can sometimes result in less favorable rates; therefore, utilizing reliable online services is generally recommended for achieving cost-effective transactions.