Convert Turkmenistani Manat to Manx pound
Please provide values below to convert Turkmenistani Manat [TMT] to Manx pound [IMP], or Convert Manx pound to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Manx Pound
1 TMT = 4.72781304876401 IMP
Example: convert 15 TMT to IMP:
15 TMT = 15 × 4.72781304876401 IMP = 70.9171957314602 IMP
Turkmenistani Manat to Manx Pound Conversion Table
| Turkmenistani Manat | Manx pound |
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Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.
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.