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The issuing of banknotes in Northern Ireland is regulated by the Currency and Bank Notes Act 1928, the Coinage Act 1971, Banknotes (Ireland) Act 1864 (c. 78), Banknotes (Ireland) Act 1920 (c. 24), Bankers (Ireland) Act 1845, Bankers (Northern Ireland) Act 1928 (c. 15), among others.
These issues have been issued since the United Kingdom of Great Britain and Northern Ireland changed over to decimal currency on 15 February 1971. The obverse side of Bank of Ireland banknotes features the Bank of Ireland logo, below which is a line of heraldic shields each representing one of the six counties of Northern Ireland.
The official currency in use in Northern Ireland is the British pound sterling. The euro, in use in the Republic of Ireland, is also accepted by some retailers. Four Northern Irish banks print their own sterling-denominated banknotes: Bank of Ireland, First Trust Bank, Danske Bank, and Ulster Bank. The central bank of the UK is the Bank of England.
Euro Changeover Board of Ireland calculator. Although the euro became the currency of the eurozone countries including Ireland on 1 January 1999, it was not until 1 January 2002 that the state began to withdraw Irish pound coins and notes, replacing them with euro notes and coins. All other eurozone countries withdrew their currencies in a ...
According to the 2018 Future of England Survey, when asked about whether taxpayer money raised in England should be spent on services in Northern Ireland, 62% of the 666 respondents disagreed. [8] [2] In an editorial in the Irish Times, Paul Gillespie suggested that "Post-Brexit Britain may not want to pay for Northern Ireland". [2]
Irish Free State & Northern Ireland Commercial bank issues 1921–27 ↙ ↓ Northern Ireland issues (part of the U.K.) Commercial bank issues 1929+ Irish government banknote issues Currency Commission 1927–42 ↓ ↘ Legal Tender Notes A Series 1928–42 Consolidated Banknotes commercial bank issues 1929–41 ↓ ↙ Central Bank of Ireland ...
Northern Ireland; Local, privately-issued sterling banknotes. Issued under a licence of the Bank of England to four retail banks : Bank of Ireland, First Trust Bank, Danske Bank (formerly Northern Bank) and Ulster Bank. [1] Jersey; Jersey pound (local, government-issued sterling banknotes and coins)
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]