Convert Saint Helena Pound to Ugandan Shilling
Please provide values below to convert Saint Helena Pound [SHP] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Saint Helena Pound.
How to Convert Saint Helena Pound to Ugandan Shilling
1 SHP = 0.000207583915580559 UGX
Example: convert 15 SHP to UGX:
15 SHP = 15 × 0.000207583915580559 UGX = 0.00311375873370839 UGX
Saint Helena Pound to Ugandan Shilling Conversion Table
| Saint Helena Pound | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.