Convert Saint Helena Pound to Libyan Dinar
Please provide values below to convert Saint Helena Pound [SHP] to Libyan Dinar [LYD], or Convert Libyan Dinar to Saint Helena Pound.
How to Convert Saint Helena Pound to Libyan Dinar
1 SHP = 0.13638540899042 LYD
Example: convert 15 SHP to LYD:
15 SHP = 15 × 0.13638540899042 LYD = 2.0457811348563 LYD
Saint Helena Pound to Libyan Dinar Conversion Table
| Saint Helena Pound | Libyan 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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.