Convert Saint Helena Pound to Manx pound
Please provide values below to convert Saint Helena Pound [SHP] to Manx pound [IMP], or Convert Manx pound to Saint Helena Pound.
How to Convert Saint Helena Pound to Manx Pound
1 SHP = 1 IMP
Example: convert 15 SHP to IMP:
15 SHP = 15 × 1 IMP = 15 IMP
Saint Helena Pound to Manx Pound Conversion Table
Saint Helena Pound | Manx pound |
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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.
Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.