Convert New Zealand Dollar to Manx pound
Please provide values below to convert New Zealand Dollar [NZD] to Manx pound [IMP], or Convert Manx pound to New Zealand Dollar.
How to Convert New Zealand Dollar to Manx Pound
1 NZD = 2.25449142239633 IMP
Example: convert 15 NZD to IMP:
15 NZD = 15 × 2.25449142239633 IMP = 33.8173713359449 IMP
New Zealand Dollar to Manx Pound Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.