Convert Saint Helena Pound to Bhutanese Ngultrum
Please provide values below to convert Saint Helena Pound [SHP] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Saint Helena Pound.
How to Convert Saint Helena Pound to Bhutanese Ngultrum
1 SHP = 0.00856992365440159 BTN
Example: convert 15 SHP to BTN:
15 SHP = 15 × 0.00856992365440159 BTN = 0.128548854816024 BTN
Saint Helena Pound to Bhutanese Ngultrum Conversion Table
| Saint Helena Pound | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.