Convert Malaysian Ringgit to Saint Helena Pound
Please provide values below to convert Malaysian Ringgit [MYR] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Saint Helena Pound
1 MYR = 5.71579089558287 SHP
Example: convert 15 MYR to SHP:
15 MYR = 15 × 5.71579089558287 SHP = 85.7368634337431 SHP
Malaysian Ringgit to Saint Helena Pound Conversion Table
| Malaysian Ringgit | Saint Helena Pound |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.