About this conversion
The Irish pound (IEP) was the national currency of Ireland before the country adopted the euro (EUR). On January 1, 1999, the euro was introduced as an accounting currency, and the Irish pound was irrevocably fixed to the euro at a rate of 1 EUR = 0.787564 IEP. This means that one euro is equivalent to 0.787564 Irish pounds, and conversely, one Irish pound equals approximately 1.26974 euros.
Physical exchange of Irish pound banknotes and coins continued until February 9, 2002, when the euro became the sole legal tender in Ireland. Since then, the Irish pound is no longer in circulation, but it can still be exchanged at the Central Bank of Ireland at the fixed conversion rate indefinitely.
For historical reference, the IEP-EUR exchange rate is now a fixed constant. Any conversion between the two currencies should use the official fixed rate. This page serves as an informational resource for those interested in the historical relationship between the Irish pound and the euro.