Convert Saint Helena Pound to Rwandan Franc
Please provide values below to convert Saint Helena Pound [SHP] to Rwandan Franc [RWF], or Convert Rwandan Franc to Saint Helena Pound.
How to Convert Saint Helena Pound to Rwandan Franc
1 SHP = 0.000511478805929479 RWF
Example: convert 15 SHP to RWF:
15 SHP = 15 × 0.000511478805929479 RWF = 0.00767218208894218 RWF
Saint Helena Pound to Rwandan Franc Conversion Table
| Saint Helena Pound | Rwandan 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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.