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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 transaction type, details and click ‘GET RATES’.
US dollar (USD) to Solomon Islands dollar (SBD) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
| Date | USD/SBD | Change | Period |
|---|---|---|---|
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 |
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.
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):
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.
View a full list of exchange rates by selecting your Base (from) currency:
