Convert Saint Helena Pound to Guinean Franc
Please provide values below to convert Saint Helena Pound [SHP] to Guinean Franc [GNF], or Convert Guinean Franc to Saint Helena Pound.
How to Convert Saint Helena Pound to Guinean Franc
1 SHP = 8.51391798452986e-05 GNF
Example: convert 15 SHP to GNF:
15 SHP = 15 × 8.51391798452986e-05 GNF = 0.00127708769767948 GNF
Saint Helena Pound to Guinean Franc Conversion Table
| Saint Helena Pound | Guinean Franc |
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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.
Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.