Convert Peruvian Nuevo Sol to Saint Helena Pound
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Saint Helena Pound
1 PEN = 4.80575442388221 SHP
Example: convert 15 PEN to SHP:
15 PEN = 15 × 4.80575442388221 SHP = 72.0863163582332 SHP
Peruvian Nuevo Sol to Saint Helena Pound Conversion Table
Peruvian Nuevo Sol | Saint Helena Pound |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.