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What currencies are used in Northern Ireland

13.02.2023
What currencies are used in Northern Ireland

Since Northern Ireland is part of the United Kingdom, the inhabitants of the “Celtic country” use money that is convertible throughout Britain – pounds sterling, one unit of which is equal to 100 pence.

Northern Irish legislation does not provide for any limit restricting the export or import of currency.

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Currency exchange methods in Ireland

In addition to pounds, four local banks issue special English banknotes, which differ from British ones in that they do not have the inscription “Wpc of England”. Banknotes are intended for local circulation, in other regions of the United Kingdom such money is accepted with reluctance. Legally, money printed in Northern Ireland is required to be accepted everywhere, but in reality many sellers do not even know about their existence, and when exchanged in another territory, the exchange rate will differ from the pound of British origin.

The country uses 5, 10, 20 and 50 Pound sterling. Each bill has a certain color, so they are easy to distinguish. For small payments, one- and two-pound coins are convenient, less often there is a need for 1, 2, 5, 10, 20 and 50-pence coins. The profile of the queen is minted on all metal money and is completely identical to the coins of Great Britain. Only the British one pence differs from the Irish one, on which there is an image of flax. An amazing fact is that the UK is one of the few countries in the world that allows money to be printed not only by the central bank, but also by private financial institutions – First Trust Bank and Danske Bank.

You can exchange currency at any bank branch or at small points. There are a huge number of ATMs in the country, located literally on every corner. There will be no problems with the calculations and the owners of the “Master Card” or “Visa”, they can be paid almost everywhere, in shops, restaurants or hotels.

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