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Contents. hide. (Top) First pound. Second pound. Saorstát pound. Irish pound. Decimalisation. Breaking the link with sterling. 1979–1999: Free-floating currency. Replacement with the euro. See also. References. External links. Irish pound. The pound ( Irish: punt) was the currency of Ireland until 2002.
- Irish pound - Simple English Wikipedia, the free encyclopedia
The Irish pound ( Irish: punt Éireannach) was the official...
- Irish pound - Simple English Wikipedia, the free encyclopedia
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 ...
[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.
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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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.
Irish Pound. 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 ...
