Currency In Ireland
Ireland has two currencies in use The pound sterling is used in Northern Ireland with individual notes available from all the major banks acceptable. This can be confusing for the visitor as not only will you find English notes in circulation but also but also Sterling Bank of Ireland, Ulster Bank, Northern Bank and Scottish Bank notes along with occasional Bank of Isle of Man all of which are accepted in general exchange. This can mean up to half a dozen different notes of the same denomination example £10.00 notes below give you a clue of what to expect.
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Various Northern Ireland £10.00 Bank Notes |
In England the majority of retail establishments will only accept Bank of England notes so remember to change if travelling from Northern Ireland to England but disregard if travelling from England to Northern Ireland. Generally Southern Punts are not accepted in the majority of retail outlets in Northern Ireland although there is always the exception especially in towns and villages along the Border.
The Irish Punt is the currency of the South of Ireland. Once again this can be a little confusing for the visitor the Punt fluctuates more that Sterling and at times can be worth as much 15-20% more that sterling, or it can be 15-20% less than sterling or anywhere in-between. Generally the trend is for the punt to be slightly less stronger that the pound and accordingly retail business in the south generally "welcome" Sterling notes from Northern Ireland. Some of these retailers will give an exchange rate, some just accept the sterling denomination as the value in punts. Coins though are not readily accepted . This means if the Punt is weak and you pay in sterling your purchase could cost you more that if you paid in punts. Pictures of Irish Punts can be found here