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The pound (Irish: punt) was the currency of Ireland until 2002. Its ISO 4217 code was IEP, and the symbol was £ (or £Ir for distinction. [1]) The Irish pound was replaced by the euro on 1 January 1999. [2] Euro currency did not begin circulation until the beginning of 2002.
[1] [2] [3] For European Union legislation, the spelling of the words for the currency is prescribed for each language; in the English-language version of European Union legislation the forms "euro" and "cent" are used invariantly in the singular and plural, even though this departs from usual English practice for currencies. [4]
There have been three sets of coins in Ireland since independence. In all three, the coin showed a Celtic harp on the obverse.The pre-decimal coins of the Irish pound had realistic animals on the reverse; the decimal coins retained some of these but featured ornamental birds on the lower denominations; and the euro coins used the common design of the euro currencies.
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
For the Germanic languages and for Welsh, the infinitive is given. For Latin, the Baltic languages, and the Slavic languages, the first-person singular present indicative is given, with the infinitive supplied in parentheses. For Greek, Old Irish, Armenian and Albanian (modern), only the first-person singular present indicative is given.
The threepence (Irish: leath reul [ˌl̠ʲah ˈɾˠeːlˠ]) or 3d coin was a subdivision of the pre-decimal Irish pound, worth 1 ⁄ 80 of a pound or 1 ⁄ 4 of a shilling. Leath reul literally means "half reul", the reul being a sixpence coin worth about the same as the Spanish real (a quarter of a peseta). As with all other Irish coins, it ...
The sixpence (6d; Irish: réal [1] or reul Irish pronunciation: RALE) coin was a subdivision of the pre-decimal Irish pound, worth 1 ⁄ 40 of a pound or 1 ⁄ 2 of a shilling.The Irish name réal is derived from the Spanish real; for most of the 19th century, a pound sterling was equal to five U.S. dollars, and a dollar was equal to eight reales, so that a real was equal to 1 ⁄ 40 of a pound.
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