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Chart · 30 jours

St. Helena Pound (SHP) exchange-rate chart to Euro (EUR)

The SHP/EUR pair shows how many euros one St. Helena Pound buys, used by travelers and businesses exchanging between the British Overseas Territory and the eurozone.

Current rate
0,48036071
1 SHP = 0,48036071 EUR
Source
Market rate
api.forex
Observed 04/08 00:00 UTC
Reading guide

What does the SHP/EUR chart show?

The curve shows the change in one unit of SHP expressed in EUR. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.

Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.

Interpretation

Variation, volatility and context

Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.

Minimum 1,16349252
Maximum 1,17806392
Average 1,17107199
Total change -0.18%
Observed movement

SHP/EUR sur 30 jours

Du au · 16 observations

api.forex
Market series supplied by api.forex.
Editorial analysis

Understanding the SHP/EUR pair

The SHP/EUR directed currency pair indicates the value of one St. Helena Pound (SHP) in euros (EUR). This exchange rate is primarily relevant for tourists visiting St Helena, Ascension, and Tristan da Cunha, as well as for businesses engaged in trade or remittances between the territory and the eurozone. When the SHP appreciates against the EUR, it means that one St. Helena Pound can purchase more euros, making imports from Europe cheaper for residents but potentially reducing the competitiveness of local exports.

The St. Helena Pound is pegged at par to the British Pound Sterling (GBP), meaning its value is directly tied to the GBP. Consequently, the SHP/EUR rate is effectively determined by the GBP/EUR exchange rate. The European Central Bank (ECB) sets monetary policy for the eurozone, while the Bank of England influences the GBP, and thus indirectly the SHP. Key drivers include interest rate differentials between the ECB and the Bank of England, inflation trends, economic growth, and political developments in the UK and the eurozone. Additionally, capital flows, risk sentiment, and global commodity prices can affect the GBP/EUR cross, thereby impacting SHP/EUR.

Over the past several years, the SHP/EUR rate has mirrored the fluctuations of GBP/EUR. The period has seen significant volatility due to events such as Brexit negotiations, the COVID-19 pandemic, and shifts in monetary policy. Without specific historical data, it is important to note that the rate has been influenced by the relative strength of the UK and eurozone economies, with periods of sterling weakness often leading to a lower SHP/EUR value. Future movements will continue to depend on economic indicators, policy decisions, and geopolitical developments in both regions.

This analysis is provided for information only and is neither a forecast nor financial advice.

Latest available observations

The table remains readable without JavaScript and repeats the latest chart points.

Date UTCRateChange
1,16682344 +0.29%
1,16349252 -0.45%
1,16874071 +0.26%
1,16568642 -0.17%
1,16770374 -0.20%
1,17008115 -0.06%
1,17073105 -0.08%
1,17166472 +0.05%
Reading

Understand the trend

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Data

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

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