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Prior to February 1961, the South African pound, which was then equal in value to sterling, was also accepted on the island, but that ceased with the introduction of the new decimal South African rand, with one rand being worth only 10 shillings sterling. Until 1976, St. Helena used sterling currency, but in February of that year, the St ...
St. Helena used sterling currency as in the United Kingdom until 1976 when it began to issue its own banknotes at par with the pound sterling. In 1984, this territory also began to issue its own coinage, with the same sizes as the coinage of the United Kingdom.
The Currency Commissioners, part of the Government of Saint Helena, issue the St Helena pound banknotes and coins. There is no central bank ; the currency is pegged to the pound sterling, which is controlled by the Bank of England in London.
The Falkland Islands pound, Gibraltar pound, and Saint Helena pound are set at a fixed 1:1 exchange rate with the British pound by local governments. Value In 2006, the House of Commons Library published a research paper which included an index of prices for each year between 1750 and 2005, where 1974 was indexed at 100.
João da Nova, a Galician navigator serving the Portuguese Empire, was the first person to sight Saint Helena.. According to long-established tradition, the island was sighted on 21 May 1502 by the four ships of the 3rd Portuguese Armada, commanded by João da Nova, a Galician navigator in the service of Portugal, during his return voyage to Lisbon, who named it Santa Helena after Saint Helena ...
Pound sterling in the South Atlantic and the Antarctic; S. Saint Helena pound; U. United States dollar; ... St helena£1.JPG; File:St helena£2.JPG; File:St helena1p.JPG;
Three British Overseas Territories (Gibraltar, Saint Helena, and the Falkland Islands) also have currencies called pounds which are at par with the pound sterling. Pound sterling paper banknotes were the first to be issued in Europe, printed and circulated by the Bank of Scotland in 1696. [4]
Gibraltar pound (parity with pound sterling) Euro accepted unofficially in most establishments. Government of Gibraltar Saint Helena Ascension Island; Saint Helenian pound (parity with pound sterling) (US$ accepted in Ascension Island) Government of Saint Helena British Indian Ocean Territory; United States dollar (de facto) [3] [4] Sterling ...