Temotu Province in support of new insurance bill

Temotu Province in support of new insurance bill The Central Bank of Solomon Islands (CBSI) was in Temotu Province last week to conduct a consultation workshop on insurance. The consultation, which is part of the on-going...

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Public Notice

Extension Notice for;(i) RFP/TOR for Solomon Islands Regulatory Sandbox Guideline and(ii) Gender Policy Women in Financial Inclusion in Solomon Islands....

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Revised Exchange control fees

Revised Exchange Control Fees.  The Central Bank of Solomon Islands wished to advise our valued customers and the general public that Financial Markets & Exchange Control Department has revised its Exchange Control Fees for...

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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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Key Statistics

Inflation
(February, 2024) 4.8%
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
(April 3, 2024)SBD $5,689m
Interest Rates
(December, 2023)
Deposit Rate0.38%
Lending Rate8.74%
Money Supply
(April 3, 2024)SBD $5,842m

Exchange Rates

Per
SBD
Today

29/04/2024
Last Week

22/04/2024
USD0.11690.1165
GBP0.09361
0.09412
EUR0.1093
0.10934
AUD0.179000.18158
NZD0.196500.19774
JPY18.4900018.01090
SDR0.087280.08852
CNY
0.846900.84352
Index116.00116.70