Convert Saint Helena Pound to Swedish Krona
Please provide values below to convert Saint Helena Pound [SHP] to Swedish Krona [SEK], or Convert Swedish Krona to Saint Helena Pound.
How to Convert Saint Helena Pound to Swedish Krona
1 SHP = 0.077564619720671 SEK
Example: convert 15 SHP to SEK:
15 SHP = 15 × 0.077564619720671 SEK = 1.16346929581006 SEK
Saint Helena Pound to Swedish Krona Conversion Table
| Saint Helena Pound | Swedish Krona |
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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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.