Convert Saint Helena Pound to British Pound Sterling
Please provide values below to convert Saint Helena Pound [SHP] to British Pound Sterling [GBP], or Convert British Pound Sterling to Saint Helena Pound.
How to Convert Saint Helena Pound to British Pound Sterling
1 SHP = 1.00013509862199 GBP
Example: convert 15 SHP to GBP:
15 SHP = 15 × 1.00013509862199 GBP = 15.0020264793299 GBP
Saint Helena Pound to British Pound Sterling Conversion Table
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.