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.
10/10/2013: Plastic Banknotes Introduced
Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.
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.
28/04/2009: Floating Exchange Rate
Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.
22/03/1993: Introduction of the $2 coin
The $2 coin was introduced as a new denomination of the Solomon Islands Dollar.
14/01/1985: Currency Devaluation
Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.
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).
15/01/1971: Fixed Exchange Rate
Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.
12/12/1969: Decimalization of Currency
Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.
01/01/1875: Introduction of Fijian Currency
Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.
10/10/1873: Devaluation of Spanish Dollars
The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.