Irish pound introduced UK versions. When the UK 5p and 10p coins were reduced in size, the Irish followed suit, but the new Irish 10p was smaller than the new UK version introduced in 1992 and the new Irish 5p was slightly larger than the UK version introduced in 1990. The Irish 50p was never reduced in size (as it had been in the UK in 1997). 31 December 1998, the exchange rates between the European Currency Unit and the Irish pound and 10 other EMS currencies (all but the pound sterling, the Swedish krona and the Danish krone) were fixed. The
Manx pound Manx pound The Manx pound () is the currency of the Isle of Man, in parity with the pound sterling. The Manx pound is divided into 100 pence. Notes and coins, denominated in pounds and pence, are issued by the Isle of Man Government. The Isle of Man is in a one-sided "de facto" currency union with the United Kingdom: the Manx government has decided to make UK currency legal tender on the island, and to back its own notes and coins with Bank of England notes. Manx government notes may, on demand, be exchanged at par for Bank of