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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.
K is the singular form and Ks is the plural ₾ lari Georgian lari: U+20BE ₾ LARI SIGN: Lek: lek Albanian lek: Also occasionally L L: lempira Honduran lempira: Also used as the currency symbol for the Lesotho and Swazi currencies as the singular form. Also used as a pound sign (see: Lebanese, Sudanese and Syrian pounds and Turkish lira) leu ...
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 ]
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% ...
Farthing – Great Britain (Farthing (British coin)) and Ireland (Farthing (Irish coin)) Farthing (British coin) Farthing (Irish coin) Genovino – Republic of Genoa; Gold coin; Groat – Great Britain; Grzywna/Hryvnia Grzywna – throughout Eastern Europe; Hryvnia – Ukraine; Gulden – Germany and Austria; Half crown – Great Britain; Halfpenny
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is used as the reference is called the counter currency , quote currency, or currency [ 1 ] and the currency that is quoted in relation is called the base currency or transaction currency.
Later, in 1966, the UK Government decided to include in the Queen's Speech a plan to convert sterling into a decimal currency. [97] As a result of this, on 15 February 1971, the UK decimalised sterling, replacing the shilling and the penny with a single subdivision, the new penny, which was worth 2.4d.