Written answers
Thursday, 1 May 2025
Department of Finance
Banking Sector
Aidan Farrelly (Kildare North, Social Democrats)
Link to this: Individually | In context
202. To ask the Minister for Finance the total value on an annual basis of banknotes replaced in the past ten years to date in 2025 by the Central Bank; if he will provide a breakdown, by denomination of note replaced and value; the number of applications for replacement of notes in excess of €150 and €750 and value of those applications over that time period; and the total amount on an annual basis over the same time period in which old punt notes and coins were replaced with euro currency. [21788/25]
Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context
I am advised by the Central Bank that it exchanged a total value of £7.05m (€8.96) in Irish Punt banknotes and coins between 01/01/2015 and 25/04/2025.
The table below shows a breakdown by year:
Year | IEP £ | EUR € |
---|---|---|
2015 | £1,002,399 | € 1,272,784 |
2016 | £1,022,484 | € 1,298,287 |
2017 | £1,205,980 | € 1,531,279 |
2018 | £891,570 | € 1,132,060 |
2019 | £661,099 | € 839,423 |
2020 | £326,746 | € 414,881 |
2021 | £445,583 | € 565,773 |
2022 | £492,487 | € 625,330 |
2023 | £419,794 | € 533,029 |
2024 | £451,476 | € 573,256 |
YTD 25 April 2025 | £134,587 | € 170,890 |
- < £150 in value (10,510 applications totalling £0.49m)
- Between £150 and £749 (4,091 applications totalling £1.39m)
- For £750 and above (1,737 applications totalling £5.17m)
No comments