Historic Iranian Rial Solomon Islands Dollar

Iranian Rial solomon islands dollar history for March 2024. The highest quote for this month is 0.000202 (01/03/2024) and the lowest 0.000202 (01/03/2024). The difference between high and low is 0.

IRR SBD average rate for March 2024 is 0.0002, the change between 01/03/2024 and 31/03/2024 is +0.5 %.

01 March 20241 IRR = 0.0002 SBD
05 March 20241 IRR = 0.0002 SBD
06 March 20241 IRR = 0.0002 SBD
08 March 20241 IRR = 0.0002 SBD
11 March 20241 IRR = 0.0002 SBD

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

28/06/2019: Withdrawal of the $2 note

The Central Bank of Solomon Islands announced the withdrawal of the $2 note from circulation, promoting the use of coins instead.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

02/01/2012: Introduction of polymer banknotes

The Central Bank of Solomon Islands issued polymer banknotes to replace the paper ones, enhancing durability and security.

02/05/2011: Renewal of currency design

The Central Bank of Solomon Islands introduced new banknotes with enhanced security features and a refreshed design.

22/03/1993: Introduction of the $2 coin

The $2 coin was introduced as a new denomination of the Solomon Islands Dollar.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

25/01/1979: Monetary Authority Act

The Monetary Authority Act was passed, establishing the Central Bank of Solomon Islands as the sole issuer and regulator of the SBD.

06/07/1977: Introduction of the Solomon Islands Dollar

The Solomon Islands Dollar was introduced as the official currency replacing the Australian Dollar at a rate of 1:1.

07/06/1977: Independence of Solomon Islands

Solomon Islands gained independence from British rule, establishing the need for their own currency, the Solomon Islands Dollar (SBD).

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.