Convert Manx pound to Chinese Yuan (Offshore)
Please provide values below to convert Manx pound [IMP] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Manx pound.
How to Convert Manx Pound to Chinese Yuan (Offshore)
1 IMP = 0.103227782008247 CNH
Example: convert 15 IMP to CNH:
15 IMP = 15 × 0.103227782008247 CNH = 1.5484167301237 CNH
Manx Pound to Chinese Yuan (Offshore) Conversion Table
| Manx pound | Chinese Yuan (Offshore) |
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.