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Currency
in Ireland Ireland has two currencies in use In Northern Ireland The pound sterling is used 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 the example £10.00 notes below give you a clue of what to expect.
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Southern Ireland The Irish Punt is the current currency 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 strong 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. Introduction of Euro You may notice two prices displayed in most shops in the South of Ireland, the higher of these is the Euro which is being introduced into the South of Ireland. |
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| Banks Most banks offer a foreign exchange service and you will fine shops and garages who also offer this service for best value you should use Banks or official Bureaux de change. |
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