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In 1980 the Israeli pound was replaced by the shekel at a rate of IL10 per IS 1. The new subdivision of the shekel was named agora ẖadaša ("new agora"). There were 100 new agorot in 1 shekel. The high rate of inflation in Israel in the early 1980s forced the Israeli government to change the Israeli currency once again in 1985.
The old Israeli shekel, , in circulation between 1980 and 1985, had a different symbol, which was officially announced on 18 March 1980. [3] Before the introduction of the old shekel in 1980, there was no special symbol for the Israeli currency. It was a stylized Shin shaped like a cradle (i.e. rounded and opening upward).
The shekel (sheqel in direct transcription) replaced the Israeli pound (Hebrew: לִירָה, lira) in 1980. Its currency symbol was , although it was more commonly notated as ש or IS. It was subdivided into 100 new agorot (אגורות חדשות). It was replaced in 1985 by the new shekel, due to hyperinflation.
The Israeli pound (לירה ישראלית, "lira yisraelit") was the currency of the State of Israel from June 1952 until it was replaced with the shekel on 24 February 1980. From 1955, after the Bank of Israel was established and took over the duty of issuing banknotes, only the Hebrew name was used, along with the symbol "IL". [8]
The old Israeli shekel, then known as the shekel (Hebrew: שקל, formally sheqel, pl. שקלים, Sheqalim; Arabic: شيكل, šēkal, formerly Arabic: شيقل, šēqal until 2014; code ILR), was the currency of the State of Israel between 24 February 1980 and 31 December 1985.
The subdivision of the Israeli lira was named agora in 1960. In 1980 the lira was replaced with the sheqel and the agora with new agora (agora ħadaša). In 1985 the sheqel was replaced with new sheqel and the new agora with agora. Now, I know it sounds confusing, because the "old sheqel" goes with "new agora" and the "new sheqel" goes with ...
Israeli pound (or Lira) – Israel; Old Israeli Shekel – Israel; Japan ... European Currency Unit and 22 national currencies which were replaced by the euro:
Israeli agora; Israeli currency; Israeli new shekel; Israeli pound; Israeli pruta; Japanese yen; Kazakhstani tenge; Lao kip; Latvian lats; List of circulating currencies; Litecoin; Macedonian denar; Malaysian ringgit; Mill (currency) Mongolian tögrög; Nicaraguan córdoba; Nigerian naira; Old Israeli shekel; Palestine pound; Panamanian balboa ...