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.
What is the
best Send Money conversion rate for USD to SBD?
The best USD to SBD exchange rate is 7.9195 from Western Union. This is -2% compared to the mid-market rate 8.0811.
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 USD to SBD - Send Money comparison table the provider with the best USD to SBD exchange rate is Western Union at 7.9195, -2% from the latest mid-market rate 8.0811.
The next best is Wise at 7.5706, -6.3% from the mid-rate.
Then OFX at 7.1696, which is -11.3% from the mid-rate.
Among the banks the Chase Bank rate is 6.8395 at -15.4% the Wells Fargo Bank rate is 6.8153 at -15.7% and the Citibank rate is 7.187 at -11.1% compared to the mid-rate 8.0811.
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.