Convert Manx pound to South Korean Won
Please provide values below to convert Manx pound [IMP] to South Korean Won [KRW], or Convert South Korean Won to Manx pound.
How to Convert Manx Pound to South Korean Won
1 IMP = 0.000535451628096983 KRW
Example: convert 15 IMP to KRW:
15 IMP = 15 × 0.000535451628096983 KRW = 0.00803177442145475 KRW
Manx Pound to South Korean Won Conversion Table
Manx pound | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.