Convert New Taiwan Dollar to Saint Helena Pound
Please provide values below to convert New Taiwan Dollar [TWD] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Saint Helena Pound
1 TWD = 39.6663514791301 SHP
Example: convert 15 TWD to SHP:
15 TWD = 15 × 39.6663514791301 SHP = 594.995272186951 SHP
New Taiwan Dollar to Saint Helena Pound Conversion Table
New Taiwan Dollar | Saint Helena Pound |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.