Convert Manx pound to Chinese Yuan
Please provide values below to convert Manx pound [IMP] to Chinese Yuan [CNY], or Convert Chinese Yuan to Manx pound.
How to Convert Manx Pound to Chinese Yuan
1 IMP = 0.103193520957917 CNY
Example: convert 15 IMP to CNY:
15 IMP = 15 × 0.103193520957917 CNY = 1.54790281436875 CNY
Manx Pound to Chinese Yuan Conversion Table
| Manx pound | Chinese Yuan |
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Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).