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Easily convert IMP to EUR with ConvertOnline's efficient tool.
The Manx Pound (IMP) is the official currency of the Isle of Man, a self-governing British Crown dependency. It is pegged to the British Pound Sterling (GBP) at par, meaning that one Manx Pound is equivalent to one British Pound. The currency is primarily used for local transactions within the Isle of Man, although British Pounds are also accepted.
The Euro (EUR) is the official currency of the Eurozone, which consists of 19 of the 27 European Union member states. It was introduced in 1999 and has become the second most traded currency in the world, following the United States dollar. The Euro facilitates easier trade and travel among member countries by eliminating the need for currency exchange and providing a stable economic framework.