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1-lira note dated 1875 but not issued until 1880; it contains text in Persian, Turkish, French, Greek, Armenian and Arabic Lira of Mehmed V, 1911. The pound or lira (sign: LT; Ottoman Turkish: ليرا, romanized: līrā; French: livre turque; Greek: οθωμανική λίρα, romanized: othomanikí líra; Armenian: Օսմանյան լիրա, romanized: Osmanyan lira; Arabic: ليرة ...
Israeli lira/pound 1948–1980; replaced by the old shekel in 1980. Italian lira 1861–2002; merged into the euro, ... Ottoman lira 1844–1923; became the Turkish lira;
Ottoman Turkish lira – Ottoman Empire; Papal States lira – Papal States; Parman lira – Parma; ... New Shekel (שקל חדש) – Israel, Gaza Strip, West Bank;
Because lira (Hebrew: לִירָה) was a loanword from Latin, a debate emerged in the 1960s over the name of the Israeli currency due to its non-Hebrew origins. This resulted in a law ordering the Minister of Finance to change the name from lira to the Hebrew name shekel (Hebrew: שקל). The law allowed the minister to decide on the date for ...
As a result, the lira and then the shekel became the dominant currency in Gaza, a situation that was reinforced in 1967 by the Israeli occupation of Gaza following the Six-Day War. [19] [21] Under Article IV of the Protocol on Economic Relations, the Palestinians are not allowed to independently introduce a separate Palestinian currency.
Meanwhile, back in 1840, despite Egypt's separate coinage, it was agreed under the Turkish-Egyptian treaty dated that same year, that coins struck in Turkey and Egypt should nevertheless maintain equal value. However, in 1844, the Ottoman piastre was devalued in conjunction with the creation of a new Ottoman lira unit, but Egypt did not follow ...
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 Turkish lira partially recovered in early 2021 with the government's increase in interest rates. However, the currency began to crash due to inflation and depreciation starting on 21 March 2021, after the sacking of Central Bank chief Naci Ağbal. The Turkish lira reached a then-all-time-low of ₺8.8 to the dollar on 4 June.