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15 February 1971
- Decimal Day (Irish: Lá Deachúil) in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence.
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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.) The Irish pound was replaced by the euro on 1 January 1999. Euro currency did not begin circulation until the beginning of 2002.
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- pound
- quid
The history of the Irish pound spans seventy-five years, from the introduction of the Saorsta ́t 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.
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Apr 30, 2024 · The concept of a single, Pan-European currency gained momentum in 1986. Ireland, an early supporter, adopted the euro on January 1, 1999, fixing the exchange rate at 0.787564 Irish pounds per euro. Euro banknotes and coins entered circulation in January 2002.
May 1, 2023 · Key Takeaways. The Irish Pound was Ireland's national currency, which was managed by the country's central bank. The pound was abbreviated as IEP and was represented by the symbol £ or IR£....
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.
In 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 currency of ...
Nov 6, 2023 · The story of Irish paper currency issues stretches over 300 years from ca1670 to the present, starting with the first usage of paper tokens and receipts as currency, and progressing through to the introduction of the Euro in place of the Irish Pound.
