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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.
Present currency Currency sign ISO 4217 code Fractional unit Previous currency Albania: lek [10] L ALL qindarke: none Andorra: euro [11] € [12] EUR euro cent: none official [11] [13] Armenia: dram ֏ AMD luma: ruble Austria: euro [14] € EUR euro cent: schilling [15] Azerbaijan: manat [16] ₼ AZN gapik: ruble [17] Belarus: ruble [18] [19 ...
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.
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.
Alternatively the slash may be omitted, or replaced by either a dot or a dash. A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency).
Values are shown in euros in the original source. For comparison, all figures are converted into pounds sterling and US dollars according to annual average exchange rates. [1] [n 1] All values are rounded to the nearest hundred.
The euro is a major global reserve currency, the second most widely held international reserve currency after the U.S. dollar. [59] Inheriting this status from the German mark , its share of international reserves has risen from 23.65% in 2002 to a peak of 27.66% in 2009 before declining due to the European debt crisis , with Russia and Eastern ...
Minimum wages by country (other territories). Currencies: local, USD, Eur, and Int$ PPP. Country Monthly minimum wage Hourly rate (gross) Exchange rate to EUR Effective at Net Net [7] [i] Gross Local currency Local USD PPP [7] [ii] Kosovo: 326 [217] 934 350 €350.00 [218] [219] €2.00 [220] 2.18 [221] 5.73 1 1 Oct 2024 Northern Cyprus