World markets might be in freefall but here’s a reminder of better times. On January 1st 2002, Ireland changed it’s currency to the Euro along with the 14 other countries in the Eurozone. Price increases followed as retailers “converted” their prices from the Irish Punt to the Euro. The economy went into overdrive as cheap credit flooded the market and drove inflation to sky high levels.
Still, it’s handy going on holiday to Spain and not worrying about converting currency any more. If only we could afford to go on holiday again ..
In this gallery are each of the Irish coins and the £5, £10, £20 and £50 notes that were legal tender until February 2002. More information about the changeover can be found on the ECBI Euro website. I also have a ten shilling note from 1963. Anyone remember those?
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