Convert Saint Helena Pound to Lebanese Pound
Please provide values below to convert Saint Helena Pound [SHP] to Lebanese Pound [LBP], or Convert Lebanese Pound to Saint Helena Pound.
How to Convert Saint Helena Pound to Lebanese Pound
1 SHP = 8.27150837988827e-06 LBP
Example: convert 15 SHP to LBP:
15 SHP = 15 × 8.27150837988827e-06 LBP = 0.000124072625698324 LBP
Saint Helena Pound to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.