Convert Saint Helena Pound to South Korean Won
Please provide values below to convert Saint Helena Pound [SHP] to South Korean Won [KRW], or Convert South Korean Won to Saint Helena Pound.
How to Convert Saint Helena Pound to South Korean Won
1 SHP = 0.000535451628096983 KRW
Example: convert 15 SHP to KRW:
15 SHP = 15 × 0.000535451628096983 KRW = 0.00803177442145475 KRW
Saint Helena Pound to South Korean Won Conversion Table
| Saint Helena Pound | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.