Convert Manx pound to Tanzanian Shilling
Please provide values below to convert Manx pound [IMP] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Manx pound.
How to Convert Manx Pound to Tanzanian Shilling
1 IMP = 0.000288040890834253 TZS
Example: convert 15 IMP to TZS:
15 IMP = 15 × 0.000288040890834253 TZS = 0.0043206133625138 TZS
Manx Pound to Tanzanian Shilling Conversion Table
| Manx pound | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.