Convert Saint Helena Pound to Myanma Kyat
Please provide values below to convert Saint Helena Pound [SHP] to Myanma Kyat [MMK], or Convert Myanma Kyat to Saint Helena Pound.
How to Convert Saint Helena Pound to Myanma Kyat
1 SHP = 0.00035221508461607 MMK
Example: convert 15 SHP to MMK:
15 SHP = 15 × 0.00035221508461607 MMK = 0.00528322626924105 MMK
Saint Helena Pound to Myanma Kyat Conversion Table
| Saint Helena Pound | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.