Convert Saint Helena Pound to Euro
Please provide values below to convert Saint Helena Pound [SHP] to Euro [EUR], or Convert Euro to Saint Helena Pound.
How to Convert Saint Helena Pound to Euro
1 SHP = 0.868183417380087 EUR
Example: convert 15 SHP to EUR:
15 SHP = 15 × 0.868183417380087 EUR = 13.0227512607013 EUR
Saint Helena Pound to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.