Convert Saint Helena Pound to Israeli New Sheqel
Please provide values below to convert Saint Helena Pound [SHP] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Saint Helena Pound.
How to Convert Saint Helena Pound to Israeli New Sheqel
1 SHP = 0.221315396113602 ILS
Example: convert 15 SHP to ILS:
15 SHP = 15 × 0.221315396113602 ILS = 3.31973094170404 ILS
Saint Helena Pound to Israeli New Sheqel Conversion Table
| Saint Helena Pound | Israeli New Sheqel |
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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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.