Convert Manx pound to Malaysian Ringgit
Please provide values below to convert Manx pound [IMP] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Manx pound.
How to Convert Manx Pound to Malaysian Ringgit
1 IMP = 0.17495391596162 MYR
Example: convert 15 IMP to MYR:
15 IMP = 15 × 0.17495391596162 MYR = 2.6243087394243 MYR
Manx Pound to Malaysian Ringgit Conversion Table
| Manx pound | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.