Convert Saint Helena Pound to Qatari Rial
Please provide values below to convert Saint Helena Pound [SHP] to Qatari Rial [QAR], or Convert Qatari Rial to Saint Helena Pound.
How to Convert Saint Helena Pound to Qatari Rial
1 SHP = 0.203379120879121 QAR
Example: convert 15 SHP to QAR:
15 SHP = 15 × 0.203379120879121 QAR = 3.05068681318681 QAR
Saint Helena Pound to Qatari Rial Conversion Table
| Saint Helena Pound | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.