Convert Moroccan Dirham to Manx pound
Please provide values below to convert Moroccan Dirham [MAD] to Manx pound [IMP], or Convert Manx pound to Moroccan Dirham.
How to Convert Moroccan Dirham to Manx Pound
1 MAD = 12.1684452249088 IMP
Example: convert 15 MAD to IMP:
15 MAD = 15 × 12.1684452249088 IMP = 182.526678373632 IMP
Moroccan Dirham to Manx Pound Conversion Table
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.