Ireland 50 Pounds (1992-2001 Central Bank of Ireland)
The Ireland 50 Pounds (1992-2001 Central Bank of Ireland) was the currency of the Republic of Ireland until 2002. 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 The Irish pound was superseded by the euro on 1 January 1999.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; actual euro currency did not begin circulation until the beginning of 2002.
Although the euro became the currency of the Eurozone countries including Ireland on 1 January 1999, it wasn’t until the agreed date of 1 January 2002 that the state began to withdraw Irish pound coins and notes, replacing them with euro specie.
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The 50 Irish Pounds note front design Douglas Hyde, first President of Ireland, at right.
Áras an Uachtaráin at left. Interior of the base of the Ardagh Chalice in background.
On the back, Uilinn piper at left. Seal of Conradh na Gaeilge at right. Sixteenth-century manuscript kept by the Royal Irish Academy in the background.
Irish pound coins and notes ceased to be legal tender on 9 February 2002, although they will be exchangeable indefinitely for euro at the Central Bank.
The banknote, its color is green, blue and purple.
Text: Banc Ceannais na hÉireann, Caoga Punt, Central Bank of Ireland £50 Fifty Pounds.
The reason why of the Ireland Pound
The Central Bank of Ireland started issuing these 1 Irish Pound banknotes in 1838. The banknote of 1 Pound depicts Hibernia, National Personifications of Ireland and portrait of Victoria, Queen of the United Kingdom of Great Britain and Ireland.