Convert Saint Helena Pound to Japanese Yen
Please provide values below to convert Saint Helena Pound [SHP] to Japanese Yen [JPY], or Convert Japanese Yen to Saint Helena Pound.
How to Convert Saint Helena Pound to Japanese Yen
1 SHP = 0.00504184396776707 JPY
Example: convert 15 SHP to JPY:
15 SHP = 15 × 0.00504184396776707 JPY = 0.075627659516506 JPY
Saint Helena Pound to Japanese Yen 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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.