 |
Investopedia explains 'IEP (Irish Pound)'
The first Irish pound was established in 1938, when the Irish Constitution changed the states name. The value of the pound remained the same as the pounds that proceeded it. No changes were made until February of 1971, when the currency was decimalized along with the British pound (GBP). The Irish pound was replaced by the euro in January of 1999, but the pound was still accepted as legal tender until February of 2002.
|
