Convert Manx pound to Lebanese Pound
Please provide values below to convert Manx pound [IMP] to Lebanese Pound [LBP], or Convert Lebanese Pound to Manx pound.
How to Convert Manx Pound to Lebanese Pound
1 IMP = 8.27150837988827e-06 LBP
Example: convert 15 IMP to LBP:
15 IMP = 15 × 8.27150837988827e-06 LBP = 0.000124072625698324 LBP
Manx Pound to Lebanese Pound Conversion Table
Manx pound | Lebanese Pound |
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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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.