Month: March 2019

Press Release: Insurance Bill Consultation

Insurance Bill Consultation The Central Bank of Solomon Islands (CBSI) and the Ministry of Finance and Treasury (MoFT) is conducting a nationwide consultation on the Insurance Bill 2018 in relation to changes to the Insurance...

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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...

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Key Statistics

Inflation
(January, 2023) 9.0%
GDP (2020)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,373.1m
Nominal GDP
SBD$ 12,617.0m
Real GDP Growth-3.4%
Foreign Reserves
(March 22, 2023)SBD $5,389m
Interest Rates
(December, 2022)
Deposit Rate0.47%
Lending Rate9.60%
Money Supply
(March 22, 2023)SBD $5,752m

Exchange Rates

Per
SBD		Today
31/03/2023		Last Week
24/03/2023
USD0.12010.1201
GBP0.09700.0976
EUR0.11090.1106
AUD0.17910.1792
NZD0.19190.1917
JPY15.938515.7208
SDR0.08920.0891
CNY
0.82670.8206
Index113.7113.7