The Currency in the Ireland is the Euro. This currency came into use January 1, 2002 and is the common currency shared by many EU countries.
Ireland is the latest country in Europe to drop one and two cent coins from circulation.
From the end of October 2015, retailers will round up or down to the nearest five cent as smaller coins are phased out. The phasing out of the one and two cent coins means that the five cent coin will be Ireland’s smallest unit of exchange.
Shops and supermarkets will still be able to price goods at 99 cents or €1.99, for example, but will only give cash change to the nearest five cents. The rounding will only apply to cash transactions, with electronic payments still accepted in one cent increments.
You can use Euro notes and coins (irrespective of design) in any Euro participating country.
The Currency in Northern Ireland is the pound Sterling, which is not part of the Euro system of currency. If you are traveling between Ireland and Northern Ireland you may be required to obtain Sterling currency.
Most large stores in Northern Ireland will accept Euro currency (particularly border towns and cities), however please enquire first to confirm if there will be a charge attached to this service and to confirm exact rate.
In practice many frontier workers are found to operate dual bank accounts typically accessing their money (either Sterling or Euro) through cash machines in the other jurisdiction rather than formally transferring funds.
An online currency converter tool is available at www.xe.com
Page last checked: January 2016
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