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Easily convert EUR to SHP with ConvertOnline's efficient tool.
The Euro (EUR) is the official currency of the Eurozone, which consists of 19 of the 27 European Union member states. It was introduced in 1999 and has become the second most traded currency in the world, following the United States dollar. The Euro facilitates easier trade and travel among member countries by eliminating the need for currency exchange and providing a stable economic framework.
The Saint Helena Pound (SHP) is the official currency of the British Overseas Territory of Saint Helena, Ascension, and Tristan da Cunha. It is pegged to the British Pound Sterling (GBP) at par, meaning one Saint Helena Pound is equivalent to one British Pound. This currency is primarily used for transactions within these territories, facilitating local trade and tourism.