Convert Saint Helena Pound to Nigerian Naira
Please provide values below to convert Saint Helena Pound [SHP] to Nigerian Naira [NGN], or Convert Nigerian Naira to Saint Helena Pound.
How to Convert Saint Helena Pound to Nigerian Naira
1 SHP = 0.000483634021990812 NGN
Example: convert 15 SHP to NGN:
15 SHP = 15 × 0.000483634021990812 NGN = 0.00725451032986218 NGN
Saint Helena Pound to Nigerian Naira Conversion Table
| Saint Helena Pound | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.