Irish pound The number of pence in the Irish pound was redefined from 240 to 100, with the penny symbol changing from "d" to "p". The pound itself was not revalued by this act and therefore pound banknotes were unaffected, although the 10 shilling note was replaced by the 50p coin. The new 5 pence coin correlated with the old 1 shilling coin, and the new 10 pence coin correlated with the old 2 shilling coin. New coins were issued of the same dimensions and materials as the corresponding new British coins. The Decimal Currency Act, 1970 made additional provisions for the
Penny (Irish pre-decimal coin) Penny (Irish pre-decimal coin) The penny (1d) () coin was the third smallest denomination of the pre-decimal Irish pound, worth of a pound or of a shilling. To express an amount, penny was abbreviated to "d", e.g. 1d, from the Roman "denarius". It was introduced in 1928 to replace its British counterpart, used when all of Ireland was a constituent country of the United Kingdom. The last year of minting was 1968 and it ceased to be legal tender on 31 December 1971. The coin measured in diameter and weighed 9.45 grams. The bronze coin was made up of 95.5%