| Isle Of Man Pound |
Website Links For Manx |
Information AboutIsle Of Man Pound |
| CATEGORIES ABOUT MANX POUND | |
| economy of the isle of man | |
| pound | |
| fixed exchange rate | |
| currencies of the united kingdom | |
| SHOPPER'S DELIGHT | |
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Between 1840 and 1971, the only issues made specifically for the Isle of Man were banknotes. In 1961, the government of the Isle of Man took the sole right to issue Manx paper money. In 1971, coinciding with Decimalisation , the Isle of Man began issuing its own circulation Coins . Once in the United Kingdom, no shop will officially accept the Manx currency and travellers are advised to convert before leaving the island. Many Bank s and Bureaux De Change in the UK will convert notes to sterling at no cost. To assist those travelling, the ATM Machine s at the Sea Terminal , Douglas , and at Ronaldsway Airport (IOM) both issue sterling notes only. The Manx coins do, however, sometimes creep into general UK circulation as they have identical size and shape to the corresponding UK coins. The Isle of Man pound shows the Triskelion and the Lord Of Mann ( Queen Elizabeth without crown) and it is the Government that promises to honour the currency. The coins show Elizabeth II with crown as the cost of removing it would have been prohibitive according to The Treasury (''Yn Tashtey'' in Manx ). The Manx five-pound note is the only known note to picture a pub on it. In the bottom left-hand corner of the reverse, the Castle Arms (known as the Glue Pot) is shown opposite Castle Rushen , Castletown . The Manx pound and coinage is similar to the pound sterling with the exception that the one pound is issued in both note and in coin form whereas the denomination in sterling is only issued in coin form. Coins bear the words ISLE OF MAN on the obverse to the left of the monarch's head, and the borders of Manx pound coins are not marked with an inscription as is the case with sterling. SEE ALSO EXTERNAL LINKS |