Convert Saint Helena Pound to Cayman Islands Dollar
Please provide values below to convert Saint Helena Pound [SHP] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Saint Helena Pound.
How to Convert Saint Helena Pound to Cayman Islands Dollar
1 SHP = 0.888395535821433 KYD
Example: convert 15 SHP to KYD:
15 SHP = 15 × 0.888395535821433 KYD = 13.3259330373215 KYD
Saint Helena Pound to Cayman Islands Dollar Conversion Table
| Saint Helena Pound | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.