Saint Helenian Pound in Bahamian Dollar

SHP Saint Helenian Pound

Country of application:
St. Helena Island, Ascension and Tristan da Cunha.

Coin denominations in circulation:
1, 2, 5, 10, 20, 50 pence, 1, 2 pounds sterling.

Denominations of banknotes in circulation:
5, 10, 20 pounds sterling.

History reference:
The Saint Helena pound is the currency of the Atlantic islands of Saint Helena and Ascension, which are constituent parts of the British Overseas Territory of Saint Helena, Ascension and Tristan da C...unha. It is set at parity with the British pound sterling, so both currencies are commonly accepted and circulated in Saint Helena. St. Helena originally held the British pound sterling, with the pound divided into 20 shillings and each shilling into 12 pence. Added to this were occasional local issues of paper currencies. One coin, a copper halfpenny, was minted in 1821 specifically for use in the islands and mixed with British coinage. The notes were denominated in pounds and shillings and were valued at face value with the British pound sterling. Until February 1961, the island also accepted the South African pound, which was then equal to the pound sterling, but this ceased with the introduction of the new decimal South African rand, with one rand worth only 10 shillings.

BSD Bahamian Dollar

Country of application:
Bahamas

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The Bahamian dollar has been the national currency and money of the Commonwealth of the Bahamas since 1966. It replaced the Bahamian pound when the islands were granted self-government, and later ind...ependence (although the country remained part of the British Commonwealth). The Bahamian dollar replaced the Bahamian pound, which was equal to the British pound sterling, divided into 20 shillings or 240 pence, at a ratio of 1 dollar = 7 shillings (1 dollar = 0.35 pounds) in 1966. At the same time, a transition was made to the decimal system - the Bahamian dollar began to equal 100 cents. During the transition to a new currency, three-dollar bills and coins of fifteen cents were introduced, since three dollars are approximately equal to one pound, and fifteen cents - 1 shilling, which was convenient during the transition period.