Convert Saint Helena Pound to Maldivian Rufiyaa
Please provide values below to convert Saint Helena Pound [SHP] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Saint Helena Pound.
How to Convert Saint Helena Pound to Maldivian Rufiyaa
1 SHP = 0.0479524815069114 MVR
Example: convert 15 SHP to MVR:
15 SHP = 15 × 0.0479524815069114 MVR = 0.719287222603671 MVR
Saint Helena Pound to Maldivian Rufiyaa Conversion Table
| Saint Helena Pound | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.