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Money

  Dublin, Money

Currency: The currency in the Republic of Ireland is the Irish Punt (IEP), usually written as 'Ir£'. Ir£1 = 100 pence. Notes are in denominations of Ir£50, 20, 10 and 5. Coins are in denominations of Ir£1, and 50, 20, 10, 5, 2 and 1 pence.

Currency exchange: Money can be changed at banks and bureaux de change - rates are usually better for plastic card transactions and at banks (but bureaux de change are open longer). The commission varies between 2-4%.

Travellers cheques: Most major brands are accepted. Travellers cheques in pounds sterling can be changed without commission being charged.

Banks: Standard banking hours are 1000-1600 Monday to Friday (until 1700 on Thursday).

Credit and debit cards: Credit and debit cards are widely accepted. ATMs accept cards linked to the 'Plus' and 'Cirrus' networks.

The Euro: On 1 January 1999, the Euro became the official currency of Ireland and ten other EU member states. The Euro is currently only used as 'written money' (cheques, bank transactions, credit cards, etc). The first Euro coins and notes will be introduced in January 2002.

Euro conversion rate (fixed): 1 Euro = Ir£0.787564.