Convert Saint Helena Pound to Bulgarian Lev
Please provide values below to convert Saint Helena Pound [SHP] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Saint Helena Pound.
How to Convert Saint Helena Pound to Bulgarian Lev
1 SHP = 0.443931398416887 BGN
Example: convert 15 SHP to BGN:
15 SHP = 15 × 0.443931398416887 BGN = 6.6589709762533 BGN
Saint Helena Pound to Bulgarian Lev Conversion Table
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.