Convert Manx pound to Qatari Rial
Please provide values below to convert Manx pound [IMP] to Qatari Rial [QAR], or Convert Qatari Rial to Manx pound.
How to Convert Manx Pound to Qatari Rial
1 IMP = 0.203379120879121 QAR
Example: convert 15 IMP to QAR:
15 IMP = 15 × 0.203379120879121 QAR = 3.05068681318681 QAR
Manx Pound to Qatari Rial Conversion Table
Manx pound | Qatari Rial |
---|
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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.