Convert Saint Helena Pound to Moldovan Leu
Please provide values below to convert Saint Helena Pound [SHP] to Moldovan Leu [MDL], or Convert Moldovan Leu to Saint Helena Pound.
How to Convert Saint Helena Pound to Moldovan Leu
1 SHP = 0.0436793816561938 MDL
Example: convert 15 SHP to MDL:
15 SHP = 15 × 0.0436793816561938 MDL = 0.655190724842906 MDL
Saint Helena Pound to Moldovan Leu Conversion Table
| Saint Helena Pound | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.