Convert Saint Helena Pound to Thai Baht
Please provide values below to convert Saint Helena Pound [SHP] to Thai Baht [THB], or Convert Thai Baht to Saint Helena Pound.
How to Convert Saint Helena Pound to Thai Baht
1 SHP = 0.0229816903944419 THB
Example: convert 15 SHP to THB:
15 SHP = 15 × 0.0229816903944419 THB = 0.344725355916629 THB
Saint Helena Pound to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.