Convert Saint Helena Pound to Papua New Guinean Kina
Please provide values below to convert Saint Helena Pound [SHP] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Saint Helena Pound.
How to Convert Saint Helena Pound to Papua New Guinean Kina
1 SHP = 0.176287088631709 PGK
Example: convert 15 SHP to PGK:
15 SHP = 15 × 0.176287088631709 PGK = 2.64430632947564 PGK
Saint Helena Pound to Papua New Guinean Kina Conversion Table
| Saint Helena Pound | Papua New Guinean Kina |
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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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.