Convert Saint Helena Pound to Indonesian Rupiah
Please provide values below to convert Saint Helena Pound [SHP] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Saint Helena Pound.
How to Convert Saint Helena Pound to Indonesian Rupiah
1 SHP = 4.5450813746998e-05 IDR
Example: convert 15 SHP to IDR:
15 SHP = 15 × 4.5450813746998e-05 IDR = 0.00068176220620497 IDR
Saint Helena Pound to Indonesian Rupiah Conversion Table
Saint Helena Pound | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.