Convert Saint Helena Pound to Egyptian Pound
Please provide values below to convert Saint Helena Pound [SHP] to Egyptian Pound [EGP], or Convert Egyptian Pound to Saint Helena Pound.
How to Convert Saint Helena Pound to Egyptian Pound
1 SHP = 0.0150855042222295 EGP
Example: convert 15 SHP to EGP:
15 SHP = 15 × 0.0150855042222295 EGP = 0.226282563333442 EGP
Saint Helena Pound to Egyptian Pound Conversion Table
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.