<Li> Jump up ^ Unofficial . </Li> <P> The Manx pound (Manx: Punt Manninagh) is the currency of the Isle of Man, in parity with the pound sterling . The Manx pound is divided into 100 pence . Notes and coins, denominated in pounds and pence, are issued by the Isle of Man Government . </P> <P> The Isle of Man is in a one - sided de facto currency union with the United Kingdom: the Manx government has decided to make UK currency legal tender on the island, and to back its own notes and coins with Bank of England notes . </P> <P> Manx government notes may, on demand, be exchanged at par for Bank of England notes of equivalent value at any office of the Isle of Man Bank . All notes and coins which are legal tender in any part of the United Kingdom (i.e. Bank of England notes) are legal tender within the Isle of Man . </P>

Is isle of man money legal tender in uk