Convert Saint Helena Pound to Macedonian Denar
Please provide values below to convert Saint Helena Pound [SHP] to Macedonian Denar [MKD], or Convert Macedonian Denar to Saint Helena Pound.
How to Convert Saint Helena Pound to Macedonian Denar
1 SHP = 0.0140086818630809 MKD
Example: convert 15 SHP to MKD:
15 SHP = 15 × 0.0140086818630809 MKD = 0.210130227946213 MKD
Saint Helena Pound to Macedonian Denar Conversion Table
| Saint Helena Pound | Macedonian Denar |
|---|
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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.