Saint Helenian monetary unit
- noun
- All prices on the island are listed in the Saint Helenian monetary unit.
Examples
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Many tourists exchange their currency for Saint Helenian monetary units.
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Exchange rates for the Saint Helenian monetary unit can be found at local banks.
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The Saint Helenian monetary unit is pegged to the British pound at par.
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The Saint Helenian monetary unit is pegged to the British pound.
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All prices on the island are listed in the Saint Helenian monetary unit.
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Exchange rates for the Saint Helenian monetary unit can be found at local banks.
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Many tourists exchange their currency for Saint Helenian monetary units.
Surface Forms
Morphology
Saint + Helenian + monetary + unit
The phrase is fully compositional: 'monetary unit' clearly denotes a currency unit and 'Saint Helenian' denotes something related to Saint Helena (a demonym formed with -ian). Given knowledge of the constituent words, a B1 learner can directly derive that this refers to the basic unit of currency used in Saint Helena; the demonym + noun pattern and 'monetary unit' collocation are cross-linguistically common.
Etymology
Saint Helenian monetary unit comes from the island of Saint Helena and simply names the island's monetary unit or 'currency'. Because this unit is kept at the same value as the 'British pound', it is treated as the island's own money while still being worth the pound.