Convert Saint Helena Pound to Ethiopian Birr
Please provide values below to convert Saint Helena Pound [SHP] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Saint Helena Pound.
How to Convert Saint Helena Pound to Ethiopian Birr
1 SHP = 0.00541799744139956 ETB
Example: convert 15 SHP to ETB:
15 SHP = 15 × 0.00541799744139956 ETB = 0.0812699616209934 ETB
Saint Helena Pound to Ethiopian Birr Conversion Table
| Saint Helena Pound | Ethiopian Birr |
|---|
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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.