Convert Saint Helena Pound to Somali Shilling
Please provide values below to convert Saint Helena Pound [SHP] to Somali Shilling [SOS], or Convert Somali Shilling to Saint Helena Pound.
How to Convert Saint Helena Pound to Somali Shilling
1 SHP = 0.00129549999685006 SOS
Example: convert 15 SHP to SOS:
15 SHP = 15 × 0.00129549999685006 SOS = 0.0194324999527509 SOS
Saint Helena Pound to Somali Shilling Conversion Table
| Saint Helena Pound | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.