Convert Saint Helena Pound to Kazakhstani Tenge
Please provide values below to convert Saint Helena Pound [SHP] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Saint Helena Pound.
How to Convert Saint Helena Pound to Kazakhstani Tenge
1 SHP = 0.00138449344895029 KZT
Example: convert 15 SHP to KZT:
15 SHP = 15 × 0.00138449344895029 KZT = 0.0207674017342543 KZT
Saint Helena Pound to Kazakhstani Tenge Conversion Table
| Saint Helena Pound | Kazakhstani Tenge |
|---|
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.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.