Time Period: 1700-1840

Timeline

  • 24.06.1710
  • Parliamentary resolution [Act of Tynwald] on the issuance of copper subsidiary coins of 1, ½ Manx Penny (= 114, 128 Shilling Sterling) by the Earl of Derby; effective 20.10.1710
  • 25.06.1733
  • Parliamentary resolution [Act of Tynwald] on the issuance of copper subsidiary coins of 1, ½ Manx Penny (= 114, 128 Shilling Sterling) by the Earl of Derby; effective immediately
  • 20.10.1757
  • Ordinance (under the 1733 Act of Tyndwald) on the issuance of copper subsidiary coins of 1, ½ Manx Penny (= 114, 128 Shilling Sterling) by the Duke of Atholl; effective immediately (?)
  • ??.??.1786
  • Issuance (under the 1733 Act of Tyndwald) copper subsidiary coins of 1, ½ Manx Penny (= 114, 128 Shilling Sterling) by the English crown
  • ??.??.1798
  • Issuance (under the 1733 Act of Tyndwald) copper subsidiary coins of 1, ½ Manx Penny (= 114, 128 Shilling Sterling) by the English crown
  • 1810-1812
  • Issuance of silver and copper tokens by Isle of Man banks (Litter, Dove & Co, in Douglas; Quayle, Taubman & Kelly, in Castletown) and various shops and merchants.
  • ??.??.1813
  • Issuance (under the 1733 Act of Tyndwald) copper subsidiary coins of 1, ½ Manx Penny (= 114, 128 Shilling Sterling) by the English crown


Time Period: 1840-

Currency: Manx Pound


Timeline

  • 10.04.1839
  • British ordinance [Order in Council] on the issuance of copper subsidiary coins of 112, 124 Shilling Sterling by the English crown:
    - Note: Not accepted in circulation, as the public perceived the exchange of the British Shilling into 12 copper coins, instead of 14, as a loss.
  • 08.11.1839
  • Law [Copper Currency Act, "for the Assimilation of the Currency of the Isle of Man to that of Great Britain"] on the switch to the British acocunting; effective 17.04.1840
  • 04.05.1840
  • Parliamentary resolution [Act of Tynwald] on the demonetization of all local copper coins; effective 21.09.1840
  • 16.05.1961
  • Law [Government Notes Act] on the issuance of government paper money and termination of the issuance privilege of commercial banks; effective 31.07.1961
  • ??.??.1965
  • Law [Gold Coinage Act] on the issuance of gold coins of 5, 1, ½ Sovereign; effective immediately (?)
  • ??.??.1970
  • Law [Metal Coins Act] on the issuance of a commemorative coin of 5 Shillings (= 1 Crown); effective immediately (?)
  • 1968-1971
  • Decimalization of the sub-unit
    - ??.??.1968: Law [Decimal Currency (Isle of Man) Act] on the decimalization of the sub-unit; effective immediately (?)
    - ??.??.1970: Law [Manx Decimal Coins Act] on the issuance of local subsidiary coinage; effective 15.02.1971
    - ??.??.1970: Law [Decimal Currency (Isle of Man) Act] on the implementation of the 1968 Decimal Currency Act; effective 15.02.1971
    - 15.02.1971: Start of issuance of the decimal subsidiary coins denominated "New Pence", the non-decimal (British) coins were not demonetized
    - ??.??.1976: Abolition of the "New" from the coin denominations.

Valuation Regimes

  • 1840-
  • Fixed rate against British Pound

Rate Arrangements

  • 17.04.1840
  • Fixed
  • British Pound at 1 : 1
  • -