Convert Saint Helena Pound to Malawian Kwacha
Please provide values below to convert Saint Helena Pound [SHP] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Saint Helena Pound.
How to Convert Saint Helena Pound to Malawian Kwacha
1 SHP = 0.000424606822857509 MWK
Example: convert 15 SHP to MWK:
15 SHP = 15 × 0.000424606822857509 MWK = 0.00636910234286264 MWK
Saint Helena Pound to Malawian Kwacha Conversion Table
| Saint Helena Pound | Malawian Kwacha |
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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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.