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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% ...
All other eurozone countries withdrew their currencies in a similar fashion, from that date. Irish pound coins and notes ceased to be legal tender on 9 February 2002. [15] All Irish coins and banknotes, from the start of the Irish Free State onwards, both decimal and pre-decimal, may be redeemed for euros at Ireland's Central Bank in Dublin.
A 5 Pound note issued by the private banking firm of Gibbons & Williams in Dublin, Ireland (1833). Ireland has a history of trading its own banknotes for several centuries, both when the whole of Ireland was one legal entity, and following partition of the island into the Republic of Ireland and Northern Ireland.
The one pound note has a portrait of Medb, the legendary Queen of Connacht in Irish mythology. Also a pre-Christian geometric design based on those found on bone slips is used in on the note, the background is an excerpt from the Táin. The reverse is a decorated excerpt from Lebor na hUidre, the oldest surviving Irish manuscript.
The Currency Commission of the Irish Free State prescribed the design of the notes and received advice from an advisory commission. Waterlow and Sons, Limited, London printed the notes on behalf of the commission. The series consists of notes in seven denominations: 10s, £1, £5, £10, £20, £50 and £100. [1]
An example (£10 note) of the Series C Banknotes. The Series C Banknotes (Irish: Nótaí bainc sraith C) of Ireland were the final series of notes created for the state before the advent of the euro; they replaced Series B banknotes. The series gradually entered circulation from 1992 and remained in circulation until 2002. [1
British West African 20/– note; Canadian £1 note; Cypriot £C 1 note; Fijian £1 note; Gambian £1 note; Ghanaian £1 note; Irish pound. Series A IR£1 note; Series B IR£1 note; Irish IR£1 coin; Israeli IL1 note and coin; Jamaican £1 note; Libyan £L1 note; Maltese £M 1 note and coin; New Brunswick £1 note; Newfoundland £1 note; New ...
The Irish Free State decided soon after its foundation in the 1920s to design its own coins and banknotes. It was decided that the Irish currency would be pegged to the pound sterling. The Coinage Act, 1926 [1] was passed as a legislative basis for the minting of coins for the state and these new coins commenced circulation on 12 December 1928.