€1.2m paid in Irish punt exchanges since 2024

Of the exchanges last year, €554,950 was in old banknotes while €110,397 was made up of coins

Tightened checks are in place for the exchange of amounts worth over £750. File picture: Eamonn Keogh

Over €1.2m in old Irish punts were exchanged over the past two years as people continue to discover stashes of old notes and coins decades after the euro changeover.

The Central Bank said tightened checks are in place for the exchange of amounts worth over £750.