Convert United States Dollar to Saint Helena Pound
Please provide values below to convert United States Dollar [USD] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to United States Dollar.
How to Convert United States Dollar to Saint Helena Pound
1 USD = 1.35080372821829 SHP
Example: convert 15 USD to SHP:
15 USD = 15 × 1.35080372821829 SHP = 20.2620559232743 SHP
United States Dollar to Saint Helena Pound Conversion Table
United States Dollar | Saint Helena Pound |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.