Manx pound for the island since 1865. In 1971 the United Kingdom moved to a decimal currency, with the pound subdivided into 100 pence. The Isle of Man Government, having issued its own banknotes for ten years, took the opportunity to approach the Royal Mint and request its own versions of the decimal coins, which were introduced in 1971. The "Murrey Pennies" of 1668 were the first to depict the 'triskeles' symbol and the Island motto ""Quocunque Gesseris Stabit"" (sic), both of which have continued to feature on Manx coinage until the present day (the motto was corrected to ""Quocunque Jeceris Stabit""
Irish pound in the United Kingdom. From 1938, the means of tender was referred to as the "Irish Pound", after the Constitution of Ireland changed the state's name. The Currency Act, 1927, Adaptation Order, 1938 was the actual mechanism by which change took place. The "Report of the Metric System and Decimal Coinage Committee" (1959) was amongst the first formal reports on decimalisation of the currency, discussion continued into the 1960s on the topic. When the British government decided to decimalise its currency, the Irish government followed suit. The legislative basis for decimalisation in the Republic was the Decimal Currency Act, 1969.