Originally Posted by
cbn42
Irish currency has been pegged to British currency off and on for several centuries. According to Wikipedia, the Irish pound was introduced in 1928 and was pegged at parity to sterling until 1978, when Ireland decided to join the European Exchange Rate Mechanism and the UK decided to stay out, forcing them to end the link.
Good to know, thanks! I was born a fair bit after 1978, so my childhood memories of punts were that they were worth a lot less
