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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]
The British pound sterling and Irish pound were among the last to be decimalised, on 15 February 1971. In places where £sd was used, there were several approaches to decimalisation: The pound remained the base unit (in Malta, using the Maltese name "lira"), but was subdivided into new fractional units of 1 ⁄ 100 of a pound.
The Irish pound was created as a separate currency in 1927 with distinct coins and notes, but the terms of the Currency Act 1927 obliged the Irish currency commissioners to redeem Irish pounds on a fixed 1:1 basis, and so day-to-day banking operations continued exactly as they had been before the creation of the Irish pound. [27] The Irish ...
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4]
Banknotes issued by Scottish and Northern Irish banks have to be backed pound for pound by Bank of England notes (other than a small amount representing the currency in circulation in 1845), and special £1 million and £100 million notes are used for this purpose. Their design is based on the old Series A notes. [60] [95]
5 pound note, grey. 10 pound note, blue-green. 20 pound note, purple. 50 pound note, blue. In November 2006, Ulster Bank issued its first commemorative banknote – an issue of one million £5 notes commemorating the first anniversary of the death of Northern Irish footballer George Best. This was the first Ulster Bank banknote to incorporate ...
Cypriot pound (Cyprus and Sovereign Base Areas of Akrotiri and Dhekelia, until 1 January 2008, replaced by the euro) Fijian pound (until 1969, replaced by the Fijian dollar) Gambian pound (1968 to 1971, replaced by the dalasi) Ghanaian pound (1958 to 1965, replaced by the cedi) Irish pound (Irish: Punt na hÉireann) (until 2002, replaced by the ...
The first Irish postal orders was a transitional series overprinted on British postal orders. ... because it imitated the British Pound sign. ...