Convert Saint Helena Pound to Nicaraguan Córdoba
Please provide values below to convert Saint Helena Pound [SHP] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Saint Helena Pound.
How to Convert Saint Helena Pound to Nicaraguan Córdoba
1 SHP = 0.0201243944740147 NIO
Example: convert 15 SHP to NIO:
15 SHP = 15 × 0.0201243944740147 NIO = 0.301865917110221 NIO
Saint Helena Pound to Nicaraguan Córdoba Conversion Table
Saint Helena Pound | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.