Convert Manx pound to Paraguayan Guarani
Please provide values below to convert Manx pound [IMP] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Manx pound.
How to Convert Manx Pound to Paraguayan Guarani
1 IMP = 9.59916379004032e-05 PYG
Example: convert 15 IMP to PYG:
15 IMP = 15 × 9.59916379004032e-05 PYG = 0.00143987456850605 PYG
Manx Pound to Paraguayan Guarani Conversion Table
Manx pound | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.