Decimal Day remain unchanged. Under the new system, the pound was retained but was divided into 100 new pence, denoted by the symbol "p". New coinage was issued alongside the old coins. The 5p and 10p coins were introduced in April 1968 and were the same size, composition, and value as the shilling and two shillings coins in circulation with them. In October 1969 the 50p coin was introduced, with the 10s note withdrawn on 20 November 1970. This reduced the number of new coins that had to be introduced on Decimal Day and meant that the public was already familiar with
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%