Convert Saint Helena Pound to New Zealand Dollar
Please provide values below to convert Saint Helena Pound [SHP] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Saint Helena Pound.
How to Convert Saint Helena Pound to New Zealand Dollar
1 SHP = 0.443559017375674 NZD
Example: convert 15 SHP to NZD:
15 SHP = 15 × 0.443559017375674 NZD = 6.65338526063511 NZD
Saint Helena Pound to New Zealand Dollar Conversion Table
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.