Convert Saint Helena Pound to Dominican Peso
Please provide values below to convert Saint Helena Pound [SHP] to Dominican Peso [DOP], or Convert Dominican Peso to Saint Helena Pound.
How to Convert Saint Helena Pound to Dominican Peso
1 SHP = 0.0122665738761578 DOP
Example: convert 15 SHP to DOP:
15 SHP = 15 × 0.0122665738761578 DOP = 0.183998608142367 DOP
Saint Helena Pound to Dominican Peso 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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.