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    Ireland's currency before adopting the euro was the Irish pound. The Irish pound had been the official currency of Ireland since the late 19th century and was used until 1999 when Ireland introduced the euro. The Irish pound was pegged to the British pound sterling and used the same system of 100 pence equaling 1 pound. On January 1, 1999 the Irish pound was replaced by the euro as the official currency when Ireland joined the eurozone.

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    Ireland's currency before adopting the euro was the Irish pound. The Irish pound had been the official currency of Ireland since the late 19th century and was used until 1999 when Ireland introduced the euro. The Irish pound was pegged to the British pound sterling and used the same system of 100 pence equaling 1 pound. On January 1, 1999 the Irish pound was replaced by the euro as the official currency when Ireland joined the eurozone.

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    3 views5 pages

    Maryy

    Uploaded by

    leidymarypatinotovar2012
    Ireland's currency before adopting the euro was the Irish pound. The Irish pound had been the official currency of Ireland since the late 19th century and was used until 1999 when Ireland introduced the euro. The Irish pound was pegged to the British pound sterling and used the same system of 100 pence equaling 1 pound. On January 1, 1999 the Irish pound was replaced by the euro as the official currency when Ireland joined the eurozone.

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    Ireland´s currency

    Ireland's currency
    before the euro

    Ireland's currency before the euro was the Irish pound, it was the official
    currency of the Republic of Ireland, and previously the Irish Free State, until 1
    January 1999, when the euro was introduced as the legal tender in Ireland.
    the country. The Euro revolutionized the world scene, it was a great pride for
    many and a disappointment for others, but what came before? Currently, the
    Irish pound (IR£), which was the common currency before the arrival of the
    euro, would be worth 1.26974 euros (€), however, as of 1999 it was no
    longer used. Learn about the Origins of Ireland's Old Coins
    On the Emerald Isle, the first monetary system was introduced in 1997 and
    was a mirror image of the one used by the English, ie the Carolingian system.

    The equivalence was 1 pound to twenty shillings or twelve pence, that is, 240
    pence equaled 1 pound. The Irish pound has always been closely linked to
    another much better
    known and popular one: the pound sterling and in fact, although there were
    fluctuations between the two, they sometimes maintained their parity.
    Cost
    now the currency of Ireland is the
    euro, which costs 4,130.41 Colombian
    pesos. The euro is used in 19 EU
    countries: Austria, Belgium, Cyprus,
    Estonia, Finland, France, Germany,
    Greece, Ireland, Italy, Latvia,
    Lithuania, Luxembourg, Malta, the
    Netherlands, Slovakia, Slovenia, Spain
    and Portugal.
    Eight European Union countries have
    not adopted the euro: Bulgaria,
    Croatia, Denmark, Hungary, Poland,
    the Czech Republic, Romania and
    Sweden. Neither did the United
    Kingdom during its years of
    membership in the European Union.
    EURO:

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