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The pound ( Irish: punt) was the currency of Ireland until 2002. Its ISO 4217 code was IEP, and the symbol was £ (or £Ir for distinction. [1]) The Irish pound was replaced by the euro on 1 January 1999. [2] . Euro currency did not begin circulation until the beginning of 2002. First pound [ edit] See also: Coins of Ireland.
The pre-decimal and original decimal coins were of the same dimensions as the same-denomination British coins, as the Irish pound was in currency union with the British pound sterling. British coins were widely accepted in Ireland, and conversely to a lesser extent.
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Origins of the Irish Pound. Although a separate Irish currency, which fluctuated in value against sterling, had existed during the eighteenth and early nineteenth century, the Act of Union in 1800 provided for the eventual assimilation of the Irish pound with that of the UK.
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Following the partition of Ireland, the Irish Free State created an Irish pound in 1928; the new currency was pegged to sterling until 1979. The issue of banknotes for the Irish pound fell under the authority of the Currency Commission of the Republic of Ireland, which set about replacing the private banknotes with a single Consolidated ...
A history of the Irish pound (punt) and a description of the three series of banknotes issued from 1928 to 2000: Series A, Series B and Series C.
Mar 20, 2024 · the Irish pound (IEP) served as the official currency of Ireland until 2002 when the country embraced the euro. managed by the central bank of Ireland, the IEP had a rich history and played a crucial role in Ireland’s economic development. Understanding the Irish pound (IEP)
