Month: January 2021

benefits of Trade

The benefits of trade By CBSI Media Article No. : 23/2020 The Solomon Islands economy would be best described as an “open economy” because we are free to trade with other countries. But what are the benefits to the country for...

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What you need to know about the SBD

What you need to know about the “SBD” By CBSI Media  Article No. : 22/2020 It has been a common misconception that our currency code SBD stands for Solomon British Dollar, or Solomon Bokolo Dollar. The initial SBD is...

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How to protect yourself from lottery scam

How to protect yourself from lottery scam By CBSI media Article No. : 21/2020 Lottery scams follow a definite pattern. In almost every case, you’ll be contacted with the news that you’ve won a lottery prize. What happens next,...

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The dangers of investing in pyramid Scheme

The Dangers of Investing in a Pyramid Scheme. By CBSI Media  Article No. : 20/2020 Solomon Islands is a major target for scammers and fraudsters who are actively spreading their networks through out the Pacific Region. Although...

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Key Statistics

Inflation
(January, 2024) 3.9%
GDP 2022 Actual
(Source: SINSO)
Constant Price: 2012
Real GDP
SBD$ 10,894.6m
Nominal GDP
SBD$ 12,774.5m
Real GDP Growth2.4%
Foreign Reserves
(March 20, 2024)SBD $5,663m
Interest Rates
(December, 2023)
Deposit Rate0.38%
Lending Rate8.74%
Money Supply
(March 20, 2024)SBD $5,906m

Exchange Rates

Per
SBD
Today

28/3/2024
Last Week

21/03/2024
USD0.1175
0.1176
GBP0.0930
0.0922
EUR0.1085
0.1079
AUD0.18000.1791
NZD0.19580.1938
JPY17.790417.7888
SDR0.08860.0886
CNY
0.84900.8466
Index115.70115.30