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 (= 1⁄14, 1⁄28 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 (= 1⁄14, 1⁄28 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 (= 1⁄14, 1⁄28 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 (= 1⁄14, 1⁄28 Shilling Sterling) by the English crown
- ??.??.1798
- Issuance (under the 1733 Act of Tyndwald) copper subsidiary coins of 1, ½ Manx Penny (= 1⁄14, 1⁄28 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 (= 1⁄14, 1⁄28 Shilling Sterling) by the English crown
Time Period: 1840-
Currency: Manx Pound
- Transition
- -
- Sub-units
- Pound / 20 Shillings / 12 Pence (1840-1971)
Pound / 100 Pence (1971-)
- ISO4217
- none (informal: IMP)
Timeline
- 10.04.1839
- British ordinance [Order in Council] on the issuance of copper subsidiary coins of 1⁄12, 1⁄24 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
- -