Convert Saint Helena Pound to Djiboutian Franc
Please provide values below to convert Saint Helena Pound [SHP] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Saint Helena Pound.
How to Convert Saint Helena Pound to Djiboutian Franc
1 SHP = 0.00416551786226726 DJF
Example: convert 15 SHP to DJF:
15 SHP = 15 × 0.00416551786226726 DJF = 0.0624827679340089 DJF
Saint Helena Pound to Djiboutian Franc Conversion Table
Saint Helena Pound | Djiboutian Franc |
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.