Convert Saint Helena Pound to Solomon Islands Dollar
Please provide values below to convert Saint Helena Pound [SHP] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Saint Helena Pound.
How to Convert Saint Helena Pound to Solomon Islands Dollar
1 SHP = 0.0898367817486803 SBD
Example: convert 15 SHP to SBD:
15 SHP = 15 × 0.0898367817486803 SBD = 1.3475517262302 SBD
Saint Helena Pound to Solomon Islands Dollar Conversion Table
Saint Helena Pound | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.