Convert Manx pound to Turkish Lira
Please provide values below to convert Manx pound [IMP] to Turkish Lira [TRY], or Convert Turkish Lira to Manx pound.
How to Convert Manx Pound to Turkish Lira
1 IMP = 0.018305815675792 TRY
Example: convert 15 IMP to TRY:
15 IMP = 15 × 0.018305815675792 TRY = 0.274587235136879 TRY
Manx Pound to Turkish Lira Conversion Table
| Manx pound | Turkish Lira |
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.