Convert Manx pound to New Taiwan Dollar
Please provide values below to convert Manx pound [IMP] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Manx pound.
How to Convert Manx Pound to New Taiwan Dollar
1 IMP = 0.0252102843521199 TWD
Example: convert 15 IMP to TWD:
15 IMP = 15 × 0.0252102843521199 TWD = 0.378154265281798 TWD
Manx Pound to New Taiwan Dollar Conversion Table
| Manx pound | New Taiwan Dollar |
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.