Convert Saint Helena Pound to Argentine Peso
Please provide values below to convert Saint Helena Pound [SHP] to Argentine Peso [ARS], or Convert Argentine Peso to Saint Helena Pound.
How to Convert Saint Helena Pound to Argentine Peso
1 SHP = 0.000584676623202256 ARS
Example: convert 15 SHP to ARS:
15 SHP = 15 × 0.000584676623202256 ARS = 0.00877014934803383 ARS
Saint Helena Pound to Argentine Peso 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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.