Convert Saint Helena Pound to Gibraltar Pound
Please provide values below to convert Saint Helena Pound [SHP] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Saint Helena Pound.
How to Convert Saint Helena Pound to Gibraltar Pound
1 SHP = 1 GIP
Example: convert 15 SHP to GIP:
15 SHP = 15 × 1 GIP = 15 GIP
Saint Helena Pound to Gibraltar Pound Conversion Table
| Saint Helena Pound | Gibraltar Pound |
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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.
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.