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What is Irish Currency? Is Ireland Using the Euro?

by Financial Economy

Ireland is an equally peaceful country with a politically complex past. The country, where political turmoil is not reflected on the streets, is also in a very good economic sense. Ireland, which has been a member of the European Union since January 1, 1973, also uses the Euro as its currency. The old currency of Ireland, which is among the first countries to adopt the Euro, is Irish Lira. Irish Lira also known as Irish pound. Detailed information about the Irish Lira is in the continuation of the article.

What is Irish Currency? Is Ireland Using the Euro?

The current Irish currency is the Euro. Ireland switched to the Euro in 2002 after using the Irish national currency, the Irish Pound, for many years. Irish Lira was the official currency of Ireland until 1999. It was used in conjunction with the Euro between 1999 and 2002. For information about Monaca currency, you can browse here.

Irish pound to US Dollar and Euro

Today, 1 Irish Pound is calculated to be equivalent to approximately 1.45 US Dollars. 1 US dollar is only 0.69 Irish Pounds.

When the Irish Pound was converted to Euro in 2002, it was calculated over the following exchange rate and in this way, the transition to Euro was achieved. 1 euro = 0.787564 Irish Pound.

What Are Irish Pounds Banknotes and Coins?

While in circulation the Irish Pound banknotes were as follows:

  • 5 Irish Pounds
  • 10 Irish Pounds
  • 20 Irish Pounds
  • 50 Irish Pounds
  • 100 Irish Pounds

While in circulation Irish Pound coins were as follows:

  • 1 penny
  • 2 penny
  • 5 penny
  • 10 penny
  • 20 penny
  • 50 penny
  • 1 Irish pound

For details: https://en.wikipedia.org/wiki/Irish_pound

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