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The enabling legislation was the Palestine Currency Order, 1927, signed by the King in February 1927. [8] The Palestine pound became legal tender on 1 November 1927. [9] The Egyptian pound (at the fixed rate of £P1 = £E0.975) and the British gold sovereign remained legal tender until 1 March 1928. [8] [10]
The Palestine pound was not, however, used in conjunction with the normal sterling shillings and pence coinage. It was used with a decimal system in which it was divided into 1,000 mils. The Currency Board was dissolved in May 1948, with the end of the British Mandate, but the Palestinian pound continued in circulation for a transitional period:
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Download QR code; In other projects Appearance. move to sidebar hide File; File history ... English: 1 pound de Palestine, 1939. Date: 2 January 2014, 09:55:01: Source:
Former US president Bill Clinton has described the conflict in the Gaza Strip as “heartbreaking” as he urged people to find “common ground”.
August 17 – The Israeli pound replaces the Palestine pound and becomes the official currency of Israel when the Provisional State Council passes a law recognizing the new lira banknotes printed by the Anglo-Palestine Bank, which began arriving in Israel in July 1948, as legal tender.
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GREENSBURG, Pa. – Former President Bill Clinton claimed Tuesday that Israeli leaders “don’t care anymore” about peace between the Jewish State and Palestinians and said Vice President ...