Irish Punt (Noun)
Meaning
Formerly the basic unit of money in Ireland; equal to 100 pence.
Classification
Nouns denoting quantities and units of measure.
Examples
- The Irish punt was replaced by the euro in 1999 as the official currency of Ireland.
- She rummaged through her old purse and found a few irish punts she had forgotten from her trip to Ireland years ago.
- When Ireland joined the eurozone, the value of the irish punt was locked in at a fixed rate of exchange with the euro.
- The collector added the rare irish punt coins to his display case, completing the set he had been searching for years to acquire.
- In 1998, the average exchange rate for the irish punt against the United States dollar was around 1:1.4.