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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:
The Palestinian Rural History Project (PRHP) is an ethnographic fieldwork and oral history preservation initiative with a focus on Palestinian rural history and heritage since the late Ottoman period (–1917), through the British Mandate period (1918–1948) and beyond. The PHRP is curated by Roy Marom.
The Palestine pound before 1948 was not an Arab currency, it was a currency issued by the British colonial authorities in cooperation with the Zionist Anglo-Palestine company. It was used throught Palestine and until 1946 in Transjordan, so Palestinian Arabs used it too. DrorK 15:04, 31 May 2007 (UTC)
But the protests continued, reaching fever pitch in 1933, as more Jewish immigrants arrived to make a home for themselves, the influx accelerating from 4,000 in 1931 to 62,000 in 1935.
The Palestine pound, used as the currency of the British Mandate for Palestine from 1927 to 1948, was divided into 1,000 mils. Its successor currencies, the Israeli lira and the Jordanian dinar retained the 1 ⁄ 1000 division, respectively named the pruta and fils .
This page is subject to the extended confirmed restriction related to the Arab-Israeli conflict. Maps of Ottoman Palestine showing the Kaza subdivisions. Part of a series on the History of Palestine Prehistory Natufian culture Pre-Pottery Tahunian Ghassulian Jericho Ancient history Canaan Phoenicia Egyptian Empire Ancient Israel and Judah (Israel, Judah) Philistia Philistines Neo-Assyrian ...
The history of the State of Palestine describes the creation and evolution of the State of Palestine in the West Bank and Gaza Strip. During the British mandate period, numerous plans of partition of Palestine were proposed but without the agreement of all parties. In 1947, the United Nations Partition Plan for Palestine was voted for. The ...