Convert Saint Helena Pound to Philippine Peso
Please provide values below to convert Saint Helena Pound [SHP] to Philippine Peso [PHP], or Convert Philippine Peso to Saint Helena Pound.
How to Convert Saint Helena Pound to Philippine Peso
1 SHP = 0.0130008798380115 PHP
Example: convert 15 SHP to PHP:
15 SHP = 15 × 0.0130008798380115 PHP = 0.195013197570172 PHP
Saint Helena Pound to Philippine Peso Conversion Table
| Saint Helena Pound | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.