Ireland is an island in the North Atlantic. It is separated from Great Britain to its east by the North Channel, the Irish Sea, and St George's Channel. Ireland is the second-largest island of the British Isles, the third-largest in Europe, and the twentieth-largest on Earth.

Politically, Ireland is divided between the Republic of Ireland (officially named Ireland), which covers five-sixths of the island, and Northern Ireland, which is part of the United Kingdom. Despite the two jurisdictions using two distinct currencies (the euro and pound sterling), a growing amount of commercial activity is carried out on an all-Ireland basis.

The Irish pound was the currency of Ireland until 2002 when it was replaced by the euro. The note depicted beside is a 20-pound banknote in use from 1992-1999. The obverse has the portrait of the Irish political leader - Daniel O'Connell based on a mezzotint by John Gubbins which is held in the National Gallery of Ireland; Derrynane Abbey, County Kerry, home of Daniel O'Connell. The reverse has the Pledge signed in 1845 by O'Connell and others; The Four Courts (Na Ceithre Cuirteanna) in Dublin.

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