Convert Saint Helena Pound to Peruvian Nuevo Sol
Please provide values below to convert Saint Helena Pound [SHP] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Saint Helena Pound.
How to Convert Saint Helena Pound to Peruvian Nuevo Sol
1 SHP = 0.208083874413244 PEN
Example: convert 15 SHP to PEN:
15 SHP = 15 × 0.208083874413244 PEN = 3.12125811619867 PEN
Saint Helena Pound to Peruvian Nuevo Sol Conversion Table
| Saint Helena Pound | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.