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by stlouiscoin » Tue Jun 12, 2012 9:26 pm
I know the eire is not the euro, but whenever I look it up on a currency exchange website, it says the eire is still valued the same as the euro. whats up with this?
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stlouiscoin
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by AGgressive Metal » Tue Jun 12, 2012 9:54 pm
Eire is the Irish spelling for Ireland, so that is probably why you can't find the right info. The Irish pre-Euro currency is called the Pound in English or Punt in Irish. The vast majority of the Irish speak English, but Irish was the dominant language for centuries until the early 1800s and is still an official language.
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by NiBullionCu » Fri Jun 22, 2012 3:33 pm
from wikipedia:
http://en.wikipedia.org/wiki/Irish_poun ... h_the_euroThe fixed conversion factor for the Irish pound was € 1 = IR£ 0.787564
All Irish coins and banknotes, from the start of the Irish Free State onwards, both decimal and pre-decimal, may be exchanged for euro at the Central Bank in Dublin.
The Irish Punt is what is known as "outmoded but redeemable". One of the few Countries that converted to the Euro with an unlimited time to redeem the previous currency/coin.
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