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Irish Pound

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Irish Pound
The former currency of the Republic of Ireland. It was introduced in 1928, replacing the British pound sterling. However, it was pegged to the sterling at a one-to-one ratio until the peg was abandoned in the 1970s when Ireland joined the European Monetary System. The Irish pound was taken out of circulation in 2002 and replaced with the euro.


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And the smoothness of the transition was confirmed when people spent their last punts - Irish pounds - before it ceased to be legal tender at midnight.
Traditionally the majority of layers at the Festival have accepted the Irish pound to accommodate the hordes of visitors from across the Irish Sea.
Byline: PAT FLANAGAN THE Irish pound, or the punt, has been in existence since 1928 but it was not until 1979 that it became a truly independent currency.
 
 
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