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  1. en.wikipedia.org › wiki › Irish_poundIrish pound - Wikipedia

    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.

    • IEP
    • pound
    • quid
  2. Saorsta´t pound in 1927. Although the Irish pound had ceased to be an independent currency when it was irrevocably fixed to the euro three years earlier in 1999, it was the withdrawal of Irish pound banknotes and coin that marked the currency’s departure for most people. A theme running through the history of the Irish pound is a

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  4. Irish PoundIn January 2002 the Irish pound was replaced by the euro as the legal tender and currency of the Republic, and its notes and coin are now only collectors' items. Three years earlier, management of monetary affairs passed to the European Central Bank, and legally speaking the Irish pound was already a denomination of the euro, the ...

  5. Mar 20, 2024 · The Irish pound (IEP) was Ireland’s national currency until 2002. Managed by the central bank of Ireland, the IEP played a crucial role in the country’s economic history. Ireland transitioned to the euro in 2002, marking a significant step in European economic integration. The euro adoption facilitated cross-border trade and increased ...

  6. With the Act of Union, a separate Irish currency was becoming anomalous. So, although convertibility was restored in 1821 at the old thirteen to twelve rate, just five years later the Irish pound was effectively abolished and replaced by sterling: the banks were closed for three days to allow the laborious conversion of accounts.

  7. May 1, 2023 · Punt: A unit of currency used in the Republic of Ireland until 2002. The punt was introduced in 1928 and was pegged (one for one) to the British pound sterling. In 1979, the peg was removed and ...

  8. The history of the Irish pound spans from the introduction of the Saorstát pound in 1927, to the changeover to euro banknotes and coin in 2002. For most of this period, the Irish pound had a fixed link to sterling. It was only in the 1970s that this link was seriously questioned when it failed to deliver price stability.

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