Convert Manx pound to Saudi Riyal
Please provide values below to convert Manx pound [IMP] to Saudi Riyal [SAR], or Convert Saudi Riyal to Manx pound.
How to Convert Manx Pound to Saudi Riyal
1 IMP = 0.197413333333333 SAR
Example: convert 15 IMP to SAR:
15 IMP = 15 × 0.197413333333333 SAR = 2.9612 SAR
Manx Pound to Saudi Riyal Conversion Table
Manx pound | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.