Convert Saint Helena Pound to Canadian Dollar
Please provide values below to convert Saint Helena Pound [SHP] to Canadian Dollar [CAD], or Convert Canadian Dollar to Saint Helena Pound.
How to Convert Saint Helena Pound to Canadian Dollar
1 SHP = 0.543339449541284 CAD
Example: convert 15 SHP to CAD:
15 SHP = 15 × 0.543339449541284 CAD = 8.15009174311927 CAD
Saint Helena Pound to Canadian Dollar 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.