Convert Saint Helena Pound to Kuwaiti Dinar
Please provide values below to convert Saint Helena Pound [SHP] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Saint Helena Pound.
How to Convert Saint Helena Pound to Kuwaiti Dinar
1 SHP = 2.42403405370007 KWD
Example: convert 15 SHP to KWD:
15 SHP = 15 × 2.42403405370007 KWD = 36.360510805501 KWD
Saint Helena Pound to Kuwaiti Dinar Conversion Table
| Saint Helena Pound | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.