Isle of Man Pound

Isle of Man Pound

The Manx pound (Manx: Punt Manninagh) is the currency of the Isle of Man, in parity with the pound sterling. The Manx pound is divided into 100 pence. Notes and coins, denominated in pounds and pence, are issued by the Isle of Man Government.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

1 Isle of Man Pound to British Pound exchange rates chart

1 IMP to GBP exchange rates graph
1 IMP to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 IMP to GBP exchange rates table

Exchange IMP to GBP
1 Isle of Man Pound = 1.000 British Pound
2 Isle of Man Pound = 2.000 British Pound
5 Isle of Man Pound = 5.000 British Pound
10 Isle of Man Pound = 10.000 British Pound
Exchange Isle of Man Pound to British Pound
1 Isle of Man Pound to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 IMP to GBP exchange rates news

Big changes coming for Manx coins

New currency rolls in next month

about 2 months conditional positive
eBay: Rare Isle of Man 50p coin showing the Phillip McCallen TT sold for £300

EBAY is a great place to find rare coins like the Phillip McCallen TT coin from the Isle of Man. The rare pieces are made by Pobjoy.

about 2 months indicative positive
eBay: ‘Very rare’ Charles Dickens £2 coin selling for £1,000 after Royal Mint 'ERROR'

EBAY users could get their hands on a rather unusual coin, after a £2 coin depicting Charles Dickens was listed on the website.

about 2 months conditional positive
eBay: ‘Ultra rare’ £1 coin sells for £5000 - could you have one stashed in your wallet?

EBAY has become a platform for coin collectors to sell their most prized finds. One of the latest coins to sell on the auction website is a £1 coin described as ‘ultra rare’. It sold for a hefty sum of £5,000.

about 2 months conditional positive
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

6 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

12 days indicative neutral

1 IMP to GBP currency converter