Convert New Taiwan Dollar to Manx pound
Please provide values below to convert New Taiwan Dollar [TWD] to Manx pound [IMP], or Convert Manx pound to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Manx Pound
1 TWD = 39.6663514791301 IMP
Example: convert 15 TWD to IMP:
15 TWD = 15 × 39.6663514791301 IMP = 594.995272186951 IMP
New Taiwan Dollar to Manx Pound Conversion Table
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.