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Following the painful birth of the Irish Free State and the semi-severing of political ties with London, British currency remained the economic elephant in the proudly independent room. Though apparently ideologically irreconcilable, the Free State retained the use of Britain’s sterling until 1928 when the Saorstát pound (punt) was introduced on a one to one ratio value with sterling. This attachment to the British pound continued after the introduction of the Irish punt in 1938.

Following the painful birth of the Irish Free State and the semi-severing of political ties with London, British currency remained the economic elephant in the proudly independent room. Though apparently ideologically irreconcilable, the Free State retained the use of Britain’s sterling until 1928 when the Saorstát pound (punt) was introduced on a one to one ratio value with sterling. This attachment to the British pound continued after the introduction of the Irish punt in 1938.