Banknotes of Ireland - Irish Free State and Republic of Ireland

Irish Free State and Republic of Ireland

Initially the partition of Ireland did not have any direct impact on currency; however, the Currency Act of 1927 gave the Currency Commission the sole authority to print and circulate legal tender in the Irish Free State. This resulted in notes issued directly by the Commission and also by the eight shareholding banks. From 1943 to 2001, the Central Bank of Ireland took over this role, until the introduction of the euro.

Currently euro banknotes circulate in the Republic as legal tender.

Read more about this topic:  Banknotes Of Ireland

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