Currency
The local currency is the Saint Helena pound, which is equivalent to 100 pence, and is at a par with the British Pound. The government issues its own coins and banknotes.
Banking services on St. Helena (and Ascension Island) are provided by the Bank of St. Helena, which delivers a full retail banking service to individuals and business in, and trading with, St. Helena.
Read more about this topic: Economy Of Saint Helena
Famous quotes containing the word currency:
“Both of us felt more anxiety about the South—about the colored people especially—than about anything else sinister in the result. My hope of a sound currency will somehow be realized; civil service reform will be delayed; but the great injury is in the South. There the Amendments will be nullified, disorder will continue, prosperity to both whites and colored people will be pushed off for years.”
—Rutherford Birchard Hayes (1822–1893)
“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”
—René Daumal (1908–1944)
“It is the international system of currency which determines the totality of life on this planet. That is the natural order of things today. That is the atomic, and sub-atomic, and galactic
structure of things today. And you have meddled with the primal forces of nature! And you will atone! Am I getting through to you, Mr. Beale?”
—Paddy Chayefsky (1923–1981)