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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.
- IEP
- pound
- quid
[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 sterling.
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- £
The Irish Pound: From Origins to EMU. by John Kelly* 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.
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La libra irlandesa (punt Éireannach, en irlandés; Irish pound, en inglés) fue la moneda oficial de la República de Irlanda, y con anterioridad del Estado Libre Irlandés, hasta el 1 de enero de 1999, cuando se introdujo el euro como la moneda de curso legal en el país.
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 ...
The Irish pound had the same £sd currency structure, and the same decimalisation was carried out. United Kingdom. Background. The Russian ruble was the first decimal currency to be used in Europe, dating to 1704, though China had been using a decimal system for at least 2000 years. [2] .
British coins were widely accepted in Ireland, and conversely to a lesser extent. In 1979 Ireland joined the Exchange Rate Mechanism and the Irish pound left parity with sterling; coin designs introduced after this differed between the two countries.
