At first, the sea was formed around 5.6 million years ago, due to a large-scale flood, but the waters were separated from the Atlantic Ocean by the Strait of Gibraltar, so, in the hundreds of thousands of years that followed, the water spreads dried out almost completely.
The Irish Punt was legal tender in the Republic of Ireland until 2002, when Ireland joined the Euro. This guide outlines the sources for historical exchange rates between the Irish Punt and Pound Sterling. The Irish Punt established by the Currency Act 1927 had a fixed link with Pound Sterling until March 1979.
Irish Currency & Money. The Euro has been the currency in circulation in Ireland since the beginning of 2002. It replaced The Irish pound (punt Ãireannach Ã©ireannach In). Irish be aware though that in the 6 counties Of Northern (Ireland, Fermanagh, Armagh, Tyrone, Derry antrim And), down (STERLING) gbp is the currency. usede aware though that in the 6 counties of Northern Ireland (Fermanagh, Armagh, Tyrone, Derry, Antrim and Down), sterling (GBP) is the currency used.