Convert Manx pound to Turkmenistani Manat
Please provide values below to convert Manx pound [IMP] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Manx pound.
How to Convert Manx Pound to Turkmenistani Manat
1 IMP = 0.211514285714286 TMT
Example: convert 15 IMP to TMT:
15 IMP = 15 × 0.211514285714286 TMT = 3.17271428571429 TMT
Manx Pound to Turkmenistani Manat Conversion Table
| Manx pound | Turkmenistani Manat |
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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.
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.