Solomon Islands Exchange Rates and Real Effective Exchange Rates
Solomon Islands SB: DEC Alternative Conversion Factor: per USD
SB: DEC Alternative Conversion Factor: per USD data was reported at 7.887 SBD/USD in 2017. This records a decrease from the previous number of 7.948 SBD/USD for 2016. SB: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 2.188 SBD/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 8.065 SBD/USD in 2010 and a record low of 0.698 SBD/USD in 1974. SB: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
| Last | Frequency | Range |
|---|---|---|
| 7.89 2017 | yearly | 1960 - 2017 |
View Solomon Islands's Solomon Islands SB: DEC Alternative Conversion Factor: per USD from 1960 to 2017 in the chart:
Solomon Islands SB: Official Exchange Rate: Average: per USD
SB: Official Exchange Rate: Average: per USD data was reported at 7.887 SBD/USD in 2017. This records a decrease from the previous number of 7.948 SBD/USD for 2016. SB: Official Exchange Rate: Average: per USD data is updated yearly, averaging 2.188 SBD/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 8.065 SBD/USD in 2010 and a record low of 0.698 SBD/USD in 1974. SB: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;
| Last | Frequency | Range |
|---|---|---|
| 7.30 2013 | yearly | 1960 - 2013 |
View Solomon Islands's Solomon Islands SB: Official Exchange Rate: Average: per USD from 1960 to 2013 in the chart:
Solomon Islands SB: Real Effective Exchange Rate Index
SB: Real Effective Exchange Rate Index data was reported at 132.303 2010=100 in 2017. This records a decrease from the previous number of 134.503 2010=100 for 2016. SB: Real Effective Exchange Rate Index data is updated yearly, averaging 105.892 2010=100 from Dec 1978 (Median) to 2017, with 40 observations. The data reached an all-time high of 151.640 2010=100 in 1982 and a record low of 87.224 2010=100 in 2004. SB: Real Effective Exchange Rate Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank: Exchange Rates and Real Effective Exchange Rates. Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.; ; International Monetary Fund, International Financial Statistics.; ;
| Last | Frequency | Range |
|---|---|---|
| 132.30 2017 | yearly | 1978 - 2017 |