Convert Saint Helena Pound to Iranian Rial
Please provide values below to convert Saint Helena Pound [SHP] to Iranian Rial [IRR], or Convert Iranian Rial to Saint Helena Pound.
How to Convert Saint Helena Pound to Iranian Rial
1 SHP = 1.74444016604045e-05 IRR
Example: convert 15 SHP to IRR:
15 SHP = 15 × 1.74444016604045e-05 IRR = 0.000261666024906067 IRR
Saint Helena Pound to Iranian Rial Conversion Table
| Saint Helena Pound | Iranian Rial |
|---|
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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.