Convert Saint Helena Pound to Bitcoin
Please provide values below to convert Saint Helena Pound [SHP] to Bitcoin [BTC], or Convert Bitcoin to Saint Helena Pound.
How to Convert Saint Helena Pound to Bitcoin
1 SHP = 87610.4104277639 BTC
Example: convert 15 SHP to BTC:
15 SHP = 15 × 87610.4104277639 BTC = 1314156.15641646 BTC
Saint Helena Pound to Bitcoin 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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.