Convert Manx pound to Cayman Islands Dollar
Please provide values below to convert Manx pound [IMP] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Manx pound.
How to Convert Manx Pound to Cayman Islands Dollar
1 IMP = 0.888395535821433 KYD
Example: convert 15 IMP to KYD:
15 IMP = 15 × 0.888395535821433 KYD = 13.3259330373215 KYD
Manx Pound to Cayman Islands Dollar Conversion Table
| Manx pound | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.