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On 31 December 1998, the exchange rates between the European Currency Unit and the Irish pound and 10 other EMS currencies (all but the pound sterling, the Swedish krona and the Danish krone) were fixed. The fixed conversion factor for the Irish pound was EUR 1.00 = IEP 0.787564.
There have been three sets of coins in Ireland since independence. In all three, the coin showed a Celtic harp on the obverse.The pre-decimal coins of the Irish pound had realistic animals on the reverse; the decimal coins retained some of these but featured ornamental birds on the lower denominations; and the euro coins used the common design of the euro currencies.
With a conversion factor of 0.787564 Irish pounds to the euro, of the 15 national currencies originally tied to the euro (also including the currencies of Vatican City, Monaco and San Marino [8]), the Irish pound was the only one whose conversion factor was less than 1, i.e. the unit of the national currency was worth more than one euro. 56% ...
An exchange rate between the Irish punt and the pound sterling was established on 30 March 1979. The smaller denomination British 1p and 2p coins continued to be unofficially interchangeable with the Irish coins until the euro was introduced in 2002, partly due to their identical size and shape. Ireland adopted the euro as its currency along ...
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [1] when they meet the five convergence criteria. [2]
5-sol French coin and silver coins – New France Spanish-American coins- unofficial; Playing cards – 1685-1760s, sometimes officially New France; 15 and a 30-deniers coin known as the mousquetaire – early 17th century New France
At the time Euro became a material coin, Pts 185.29 were needed to buy US$1, that is, 1.1743 euros. [16] The peseta was replaced by the euro in 2002, [17] following the establishment of the euro in 1999. The exchange rate was €1 = Pts 166.386. [18]
The sixpence (6d; Irish: réal [1] or reul Irish pronunciation: RALE) coin was a subdivision of the pre-decimal Irish pound, worth 1 ⁄ 40 of a pound or 1 ⁄ 2 of a shilling.The Irish name réal is derived from the Spanish real; for most of the 19th century, a pound sterling was equal to five U.S. dollars, and a dollar was equal to eight reales, so that a real was equal to 1 ⁄ 40 of a pound.