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Easily convert SHP to MZN with ConvertOnline's efficient tool.
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.
The Mozambican Metical (MZN) is the official currency of Mozambique, introduced in 1980 to replace the previous currency, the Mozambican escudo. It serves as a medium of exchange for goods and services within the country and is subdivided into 100 centavos. The Metical is crucial for economic transactions and plays a significant role in the country's monetary policy.