Convert Cuban Peso to Saint Helena Pound
Please provide values below to convert Cuban Peso [CUP] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Cuban Peso.
How to Convert Cuban Peso to Saint Helena Pound
1 CUP = 32.419289477239 SHP
Example: convert 15 CUP to SHP:
15 CUP = 15 × 32.419289477239 SHP = 486.289342158584 SHP
Cuban Peso to Saint Helena Pound Conversion Table
| Cuban Peso | Saint Helena Pound |
|---|
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.