Solomon Islander Dollar in Bahamian Dollar

SBD Solomon Islander Dollar

Country of application:
Solomon islands

Coin denominations in circulation:
10, 20, 50 cents, 1 dollar, 2 dollars.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100 dollars.

History reference:
The Solomon Islands dollar is the national currency of the Solomon Islands. Originally a British protectorate, the Solomon Islands gained independence in 1978. Today, the country has a constitutional... monarchical structure with a parliament and a prime minister. Although the Solomon Islands is an independent nation, it continues to recognize Queen Elizabeth II as its constitutional head of state. The official language of the country is English. The Solomon Islands dollar began to be put into circulation on October 24, 1977, replacing the Australian dollar. The currency got its name in honor of the Australian currency. Since gaining independence in 1978, the new currency has become the official currency of the young state. For two years, the Solomon Islands dollar was pegged to the Australian dollar.

BSD Bahamian Dollar

Country of application:
Bahamas

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The Bahamian dollar has been the national currency and money of the Commonwealth of the Bahamas since 1966. It replaced the Bahamian pound when the islands were granted self-government, and later ind...ependence (although the country remained part of the British Commonwealth). The Bahamian dollar replaced the Bahamian pound, which was equal to the British pound sterling, divided into 20 shillings or 240 pence, at a ratio of 1 dollar = 7 shillings (1 dollar = 0.35 pounds) in 1966. At the same time, a transition was made to the decimal system - the Bahamian dollar began to equal 100 cents. During the transition to a new currency, three-dollar bills and coins of fifteen cents were introduced, since three dollars are approximately equal to one pound, and fifteen cents - 1 shilling, which was convenient during the transition period.