Convert Manx pound to Swedish Krona
Please provide values below to convert Manx pound [IMP] to Swedish Krona [SEK], or Convert Swedish Krona to Manx pound.
How to Convert Manx Pound to Swedish Krona
1 IMP = 0.077564619720671 SEK
Example: convert 15 IMP to SEK:
15 IMP = 15 × 0.077564619720671 SEK = 1.16346929581006 SEK
Manx Pound to Swedish Krona Conversion Table
Manx pound | Swedish Krona |
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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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.