Currency Commission of the Irish Free State

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The Currency Commission of the Irish Free State was the authority responsible for establishing and managing the independent currency and monetary system of the Irish Free State in the early 20th century.

All labels observed (3)

How this entity was disambiguated

Statements (40)

Predicate Object
instanceOf government agency ⓘ
monetary authority ⓘ
appliesToJurisdiction Irish Free State ⓘ
country Irish Free State ⓘ
currencyManaged Irish Free State pound ⓘ
Saorstát pound ⓘ
dissolutionReason replacement by a full central bank structure ⓘ
dissolved 1943 ⓘ
exchangeRateRegime one-to-one parity with pound sterling ⓘ
governedBy board of commissioners ⓘ
hasRole currency board ⓘ
headquartersLocation Dublin ⓘ
historicalSignificance first independent currency authority of the Irish state ⓘ
inception 1927 ⓘ
languageOfOfficialName English ⓘ
Irish ⓘ
legalBasis Currency Act 1927 ⓘ
mainResponsibility establishment of an independent Irish currency ⓘ
issue of Irish legal tender notes ⓘ
management of the Irish Free State monetary system ⓘ
regulation of note issue ⓘ
monitored cover of note issue by sterling assets ⓘ
natureOfAuthority non‑banking currency authority ⓘ
operatedAs currency board linked to sterling area ⓘ
operatedDuring 1930s ⓘ
World War II (early years) ⓘ
linked to: World War II
partOf financial system of the Irish Free State ⓘ
peggedToCurrency Pound sterling ⓘ
precededBy note‑issuing powers of commercial banks under British administration ⓘ
purpose to provide monetary independence while maintaining sterling link ⓘ
regulates issue of legal tender in the Irish Free State ⓘ
replacedBy Central Bank of Ireland ⓘ
responsibleFor design and issue of Irish Free State banknotes ⓘ
management of external reserves backing the currency ⓘ
sector monetary policy ⓘ
public finance ⓘ
succeededBy central banking functions of the Central Bank of Ireland ⓘ
supervisedBy Minister for Finance of the Irish Free State ⓘ
timePeriod interwar period ⓘ
typeOfOrganization statutory commission ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Irish Free State pound → introducedBy → Currency Commission of the Irish Free State ⓘ
Irish Free State pound → banknotesIssuedBy → Currency Commission of the Irish Free State ⓘ
Central Bank of Ireland → precededBy → Currency Commission of the Irish Free State ⓘ
Percy Metcalfe → notableWork → Irish Free State coinage of 1928 ⓘ
linked to: Currency Commission of the Irish Free State
Hazel Lavery → currencySeries → Irish Free State banknotes ⓘ
linked to: Currency Commission of the Irish Free State