What Is the Irish Pound (IEP)?

The Irish Pound (IEP) was the currency of Ireland until 2002. The Irish pound was introduced in Ireland in 1928, replacing the earlier Irish Free State pound. The pound was subdivided into 20 shillings (symbol: s; from Old English: scilling, sometimes abbreviated to “scill”; plural: shillings), and each shilling was subdivided into 12 pence (plural: … Read more