Convert Saint Helena Pound to Jamaican Dollar
Please provide values below to convert Saint Helena Pound [SHP] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Saint Helena Pound.
How to Convert Saint Helena Pound to Jamaican Dollar
1 SHP = 0.00462463494244975 JMD
Example: convert 15 SHP to JMD:
15 SHP = 15 × 0.00462463494244975 JMD = 0.0693695241367463 JMD
Saint Helena Pound to Jamaican Dollar Conversion Table
| Saint Helena Pound | Jamaican 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.