Convert Saint Helena Pound to Algerian Dinar
Please provide values below to convert Saint Helena Pound [SHP] to Algerian Dinar [DZD], or Convert Algerian Dinar to Saint Helena Pound.
How to Convert Saint Helena Pound to Algerian Dinar
1 SHP = 0.00569457596062796 DZD
Example: convert 15 SHP to DZD:
15 SHP = 15 × 0.00569457596062796 DZD = 0.0854186394094195 DZD
Saint Helena Pound to Algerian Dinar Conversion Table
| Saint Helena Pound | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.