The Manx Pound (IMP) was established in 1961 by the Isle of Man government to replace the many different banks that had issued currency up until then. It is divided into 100 pence and contains five banknotes and nine coins and is co-circulating with the British pound. The obverse of each banknote features the Lord of Mann, Queen Elizabeth II wearing Queen Victoria’s Collet Necklace and earrings. Next to the Queen is the Isle of Mann’s Symbol, the Manx triskelion “Three Legs of Mann”. The words “QUOCUNQUE JECERIS STABIT” surround the Manx triskelion and refer to the country’s motto, translated as: “whichever way you throw, it will stand”.
On the reverse of the Manx Pound are different scenes and landmarks from around the island. The £1 pound features Tynwald Hill, the location of ceremonies and promulgation for Tynwald; Isle of Man’s Legislature. The £5 pound features the 12th century medieval castle Rushen located in the capital of Castletown. The Peel Castle is featured on the £10 pound and is located on St. Patrick’s Isle. It was built in the 11th century by Vikings and contains a cathedral inside. The £20 pound features the largest waterwheel in the world, Laxey Wheel. The waterwheel was built in 1854 and transforms water movement into usable energy. Lastly, the £50 note features a scene from Douglas Bay with local farmers and three cows.