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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]
- IEP
- pound
- quid
However, the Irish pound was not replaced by sterling until January 1826. The conversion rate had long been £13 Irish to £12 sterling. [citation needed] In 1928, six years after the Anglo-Irish Treaty restored Irish autonomy within the British Empire, the Irish Free State established a new Irish pound, initially pegged at par to ...
- GBP (numeric: .mw-parser-output .monospaced{font-family:monospace,monospace}826)
- £
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.
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s and 1970s.
ABSTRACT. 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. It was only in the 1970s that this link was seriously questioned when it failed to deliver price ...
Irish pound banknotes ceased to be legal tender on 9 February 2002, although they are intended to be exchangeable indefinitely for euro at the Central Bank. On 31 December 2001, the total value of Irish banknotes in circulation was €4,343.8 million.