Category: Article

Be alert, counterfeit activities on the rise

Be alert, counterfeit activities on the rise By CBSI media Article No. : 05/2019 Over the years the number of counterfeiting activities has increased in our country. The Central Bank of Solomon Islands (CBSI) has been keeping track on these illegal activities and would like to alert the public through our awareness programs....

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Handling Money

Handling Money By CBSI Media Article No. : 03/2019 Welcome again to this week’s topic where we cover some key issues about handling money and other useful information about our national currency....

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Why New Banknotes?

Why New Banknotes? By CBSI Press Article No. : 01/2019 A lot of people may ask why the Central banks issue new bank notes. It’s really that simple. Advances in technology have provided counterfeits with better methods for imitating genuine banknotes. For this reason Central banks must develop more advanced security features. In addition, the Central Bank is also conscious of the need to introduce notes that are durable to ensure added life expectancy of notes in circulation....

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What you need to know about the new commemorative note and coin

What you need to know about the new commemorative note and coin By CBSI Press Article No. : 04/2017 On the 5th of July, the Central Bank of Solomon Islands (CBSI) Governor Denton Rarawa and Permanent Secretary of Ministry of Finance Harry Kuma, unveiled the commemorative $40 banknote and $2 coin to celebrate and mark Solomon Islands 40 years of Independence. The commemorative note issued by CBSI is designed and printed by De La Rue on its safeguard polymer substrate while the $2 coloured coin is produced by the Royal Australian Mint (RAM).  Download full copy below....

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Key Statistics

(April, 2019) 0.5%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(June 19, 2019)SBD $5,253m
Interest Rates
(April, 2019)
Deposit Rate0.32%
Lending Rate10.73%
Money Supply
(June 19, 2019)SBD $5,135m

Exchange Rates

Last Week
CNY0.8419 0.8458

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