Convert Saint Helena Pound to Armenian Dram
Please provide values below to convert Saint Helena Pound [SHP] to Armenian Dram [AMD], or Convert Armenian Dram to Saint Helena Pound.
How to Convert Saint Helena Pound to Armenian Dram
1 SHP = 0.00192759853457726 AMD
Example: convert 15 SHP to AMD:
15 SHP = 15 × 0.00192759853457726 AMD = 0.0289139780186589 AMD
Saint Helena Pound to Armenian Dram Conversion Table
| Saint Helena Pound | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.