You may exchange your money for the euro at most belfast banks or at specialized stores called foreign exchange bureaus. Mar 25, 2020 ireland is divided politically between the republic of ireland and northern island. Use the currency converter below to calculate the current exchange rate for the city of belfast. The central bank of ireland, as an agency of the european central bank, produces euro banknotes at its currency centre in sandyford industrial estate, dublin. In the uk, bank of ireland is authorised by the central bank of ireland and the prudential regulation. Currency the republic of ireland ireland tourism uses the euro. Just as the us dollar is written as usd, the ireland euros code is eur and the northern ireland pound sterlings code is gbp. The euro is used in 17 countries, all of which are members of the european union and you can use the same notes and coins if you are visiting another eurozone country before or after ireland without having to exchange them. An post money currency card is issued by wirecard card solutions ltd wdcs pursuant to license by mastercard international inc. The currency used in dublin ireland is the euro currency.
We offer great currency exchange rates on over 40 currencies at 0% commission. Dont forget, though, that northern ireland also uses british pounds if your trip also. Currency used in ireland today in 2020 irish money. Ireland republic banknotes ireland paper money catalog. What currency is used in dublin ireland how much spending. This irish pound and united states dollar convertor is up to date with exchange rates from february 17, 2020. Unlike in other parts of europe, in ireland, one euro is equivalent to 100 cents. Heres a roundup of what you can expect to spend in ireland and northern ireland. The history of irish currency reflects irelands political development over the last years. Euros are the currency of the republic of ireland, northern ireland use the. In northern ireland, the currency used is the british pound, which is divided into 100 pence. Gdp growth averaged 6% in 19952007, but economic activity dropped sharply in 2008 and ireland entered into a recession for the first time in more than a decade with the onset of the world financial crisis and subsequent severe slowdown in the property and construction markets. All coins are the same, irrespective of the bank from which they come. Bank of ireland group plc, whose shares are listed on the main markets of the irish stock exchange plc and the london stock exchange plc, is the holding company of bank of ireland.
Ireland foreign exchange reserves 19732020 data 2021. Convert world currencies, precious metals, or obsolete currencies, which are marked with an asterisk. The exchange rates in the table below are the banks prevailing buysell rates. Be sure to request some small bills 5 and 10 so you arent arriving with only 50. Northern ireland and the republic of ireland have different currencies. The republic has only been using this currency since the beginning of 2002, at which point it replaced the irish pound or. If you have a value on your card, we will convert it back to euro for you.
Exchange rates from 1999 to the present are euro reference rates published by the european central bank, expressed as units of currency per euro. One irish pound was the amount of silver that could be coined into 240 pennies. But, when travelling to ireland the currency changes, and in ireland and in dublin euro is the currency to be used. Online currency choices bank of ireland bank of ireland. Exchange irish pounds in 3 easy steps leftover currency. However, if you go to northern ireland the currency used is the british pound. Exchange rates calculated are for illustration purposes only actual rates may vary. Youll find your best currency exchange rate at an atm. Currency exchange in ireland we have already mentioned that the best way to irelandfly with the euro, but if you come to another currency, then it can easily be exchanged. I keep reading that a lot of places dont accept credit cards, so it sounds like an independent traveler needs to have a good supply of cash on hand. On the other hand, the currency used in northern ireland is the pound sterling normally symbolized by just as the us dollar is written as usd, the ireland euros code is eur and the northern ireland pound sterlings code is gbp. The good news is that, in the border regions, both currencies tend to be accepted, but. Currency converter online foreign exchange rates the irish tim.
Most banks do not carry foreign currency, so you will want to order it at least 3 weeks in advance. Irish pounds, or punts eireannach, were introduced as early as the year 997. The irish pound was the currency of the republic of ireland until 2002. British and irish currency, till 1918 irish pound british pound 20 shillings 240 pence, 1971 irish pound 100 pence, from 19712002 euro 0. Aug 01, 2017 the republic of ireland uses the euro which is normally symbolized by as its currency. Euro eur and united states dollar usd currency exchange rate conversion calculator. In 2002, the euro began circulating in the republic of ireland, hence making it an official currency. Find out more about the irish currencies and payment methods. The european exchange rate mechanism finally broke the onefor one link that existed between the irish pound and. Banks block transactions in foreign countries or currencies if they havent been forewarned of your travel plans. Since 2002, the currency used in the republic of ireland is the euro. The irish pound is the currency in ireland ie, irl. It was replaced with the euro eur on january 1, 1999.
Dont forget, though, that northern ireland also uses british pounds if your trip also takes in a tour of this area, youll need to have some sterling to fund your visit. Wdcs is authorised by the financial conduct authority to conduct electronic money service activities under the. Exchange rate home foreign exchange cities belfast exchange rate belfast. Currency exchange rates ulster bank republic of ireland. Currency in republic of ireland since 2002, the currency used in the republic of ireland is the euro the euro is used in 17 countries, all of which are members of the european union and you can use the same notes and coins if you are visiting another eurozone country before or after ireland without having to exchange them. Irelands tourists have grown steadily throughout the years, with over 7. Bank of ireland is regulated by the central bank of ireland. Currency converter online foreign exchange rates the. Be aware though that in the 6 counties of northern ireland fermanagh, armagh, tyrone, derry, antrim and. Historically, the euro exchange rate eurusd ireland reached an all time high of 1. Wdcs is authorised by the financial conduct authority to conduct electronic money service activities under the electronic money. Irish banks will only exchange currency with account holders. Type currency names, 3letter iso currency symbols, or country names to select your currency. Exchange rates from 1979 to 1998 are closing midmarket indications for the irish pound, expressed as units of currency per irish pound.
Currency in ireland the official currency of the republic of ireland is the euro. Ireland currency converter exchange rate to other major currencies what is the unit of money in ireland. Banknotes of the republic of ireland coins of the republic of ireland commemorative coins of ireland irish. We have a look at spending in euros and pounds as well as tips to make your money go further in ireland. The republic has only been using this currency since the beginning of 2002, at. In 1999 the euro was made the official currency of ireland but it only existed as book money for 3 years. The euro currency is used in the republic of ireland as the official currency. All currency card transactions are both buy and sell. The sovereign state shares its only land border with northern ireland, a part of the united kingdom. The notes come in 500, 200, 100, 50, 20, 10 and 5 denominations. Ireland is divided politically between the republic of ireland and northern island.
If you are traveling to belfast, you will need to exchange your currency for the irish euro. Its iso 4217 code was iep, the irish pound was superseded by the euro on 1 january 1999,when the irish pound legally became a subdivision of the euro. Leave your dollars in your bank account and just use your atm card to withdraw money as you need it but you need to inform your bank that you will be in ireland and perhaps let them know that you need to raise your daily withdrawal limit. Please ask your branch for details of the exchange rates at the time of making the transaction. Euro eur and united states dollar usd currency exchange rate conversion calculator 2 comments about irish pounds and united states dollars conversion this irish pound and united states dollar convertor is up to date with exchange rates from may 7, 2020. Currency used in ireland today in 2020 irish money northern. The irish pound was the currency of the republic of ireland until 2002, when it was replaced by the euro. Foreign exchange reserves in ireland increased to 5268. We shall not be liable to users or any third party for any damage or. Euro notes come in denominations of 5, 10, 20, 50, 100, 200, and 500.
First of all, the british pounds and sterling is the same currency, just two different names on the same baby. Foreign exchange reserves in ireland averaged 2968. Its iso 4217 code was iep, and the usual notation was the prefix. The republic of ireland uses the single european currency known as the euro. Calculate live currency and foreign exchange rates with this free currency converter. Ireland is a small, modern, tradedependent economy. It replaced the irish pound punt eireannach in irish. This page provides the latest reported value for ireland. The funds are loaded into the relevant currency wallet and exchange rates are locked in on the date of purchase, top up or when you move money between currencies.
Ireland republic banknotes ireland paper money catalog and. With irelands closest trading neighbour being the uk, the exchange rate between the euro and sterling continue reading. Euro currency did not begin circulation until the beginning of 2002. Euros are the currency of the republic of ireland, northern ireland use the british pound. The currency of the republic of ireland is the euro, which is subdivided into 100 cents. We shall not be liable to users or any third party for any damage or loss incurred, monetary or otherwise, directly or indirectly, as a result of using of this function. In the republic of ireland, the official currency is the euro. The irish pound was replaced by the euro on 1 january 1999. What began with the vikings, who hammered out the very first irish coins in dublin in the 10th century, has left us with a marvellous legacy that marks social changes, political propaganda and economic trends. After a transition period, euro banknotes and coins were introduced in ireland on 1 january 2002. Be aware though that in the 6 counties of northern ireland fermanagh, armagh, tyrone, derry, antrim and down, sterling gbp is the currency used. The exchange rate for the canadian dollar was last updated on february 19, 2020 from the international monetary fund. The irish free state, subsequently known as ireland, resolved in the mid1920s to design its own coins and banknotes. Best places to exchange currency in dublin transferwise.
Ireland republic banknotes ireland paper money catalog and irish currency history. We use reputable sources but cannot and do not verify each rate we have fetched. Choose a percentage from the interbank rate list to better approximate the tourist exchange rates actually charged by your financial institution. The official currency of the republic of ireland is the euro. Bank of ireland group plc is a public limited company incorporated in ireland, with its registered office at 40 mespil road, dublin 4 and registered number 593672. Enter the amount to be converted in the box to the left of irish pound. British pounds are used in england, scotland and in northern ireland. If you do bring dollars to ireland to exchange for euros, you are limited to currency exchange desks in airports and city locations. Foreign exchange currency converter bank of ireland. It is otherwise surrounded by the atlantic ocean, with the celtic sea to the south, st georges channel to the southeast, and the irish sea to the east.
The only hiccup with cash is to be aware of what currency youre using, since the island of ireland is made up of two different countries. In the republic of ireland the currency used is the euro and in northern ireland the currency used is the pound sterling. The canadian dollar is the currency in canada ca, can. The banks in northern ireland all issue their own notes and with this you may come across different variations in the notes. Organize your travel money helps for a stressfree vacation. However, this was not the currency before when the main currency was the punt. Whats the best place to exchange currency here in the us at our local bank, at the airport when we arrive in ireland or along the way. Choose your currency and order online today to avail of.
Convert irish pounds iep and united states dollars usd. This guide gives a quick overview of the currency and banking system in ireland, as well as how to exchange your cash once you get to the island. Still, use of the euro in ireland is relatively new. Upon issuing the new currency, the free state government pegged its value to the pound sterling.
Frommer s lists exact prices in the local currency. Remember, higher denomination notes such as 100, 200 and 500 will not normally be. Gbp may be accepted in some stores close to the border of northern ireland but is not generally accepted in dublin or the rest of the republic. The republic of ireland uses the euro which is normally symbolized by as its currency. The capital and largest city is dublin, which is located on the eastern side of the island. The banks in northern ireland all issue their own notes and with this you may come. Dont forget, though, that northern ireland also uses british pounds if your trip also takes in a tour of this. Remember, higher denomination notes such as 100, 200 and 500 will not normally be accepted in retail outlets, so bring cash in. The euro has been the currency in circulation in ireland since the beginning of 2002. The an post money currency card is a prepaid mastercard that allows you to purchase and top up 16 currencies including euro on a single card. You can convert currencies and precious metals with this currency calculator. Central banks in the eurozone provide banknotes of one denomination each year, according to demand and a rotating allocation determined by the ecb. The first place where this can be done this airport, but there are often unfavorable rates or excessive fees. How to purchase euros before and during your ireland vacation.
577 920 98 782 1637 493 1347 1059 1456 690 1630 1612 624 84 887 501 1364 938 742 1065 141 1525 989 103 424 1620 1274 660 1452 51 603 339 802 1257 784