Convert Saint Helena Pound to Norwegian Krone
Please provide values below to convert Saint Helena Pound [SHP] to Norwegian Krone [NOK], or Convert Norwegian Krone to Saint Helena Pound.
How to Convert Saint Helena Pound to Norwegian Krone
1 SHP = 0.0732114954805277 NOK
Example: convert 15 SHP to NOK:
15 SHP = 15 × 0.0732114954805277 NOK = 1.09817243220792 NOK
Saint Helena Pound to Norwegian Krone Conversion Table
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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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.