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The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ₪ is a combination of the first Hebrew letters of the words shekel (ש ) and ẖadash (ח ) (new). When the shekel sign is unavailable the abbreviation NIS (ש״ח and ش.ج) is used.
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The word shekel is based on the triliteral Proto-Semitic root ṯql, cognate to the Akkadian šiqlu or siqlu, a unit of weight equivalent to the Sumerian gin2. [1] Use of the word was first attested in c. 2150 BC under the reign of Naram-Sin of Akkad, and later in c. 1700 BC in the Code of Hammurabi.
Although a significant weakening of the dollar over the last week has helped, Israel's shekel marked a remarkable comeback on Tuesday as it recouped the last of the 5% it lost in the days after ...
Israeli currency may refer to these items: . Israeli new shekel, used from 1985 to the present; Old Israeli shekel, used from 1980 to 1985; Israeli pound, used from 1948 to 1980
The Shekel sign, however, is not engraved on most keyboards sold in Israel and the sign is rarely used in day-to-day typing. On systems with the Hebrew keyboard layout set, it can be typed on modern [a] Microsoft Windows, desktop Linux and ChromeOS by using AltGr+4. (⇧ Shift+4 makes the dollar sign and AltGr+A is used to type shva.)
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 new shekel was introduced at a rate of 1000 S per 1 NS. The name agora was used once again ...
In later centuries, the half-shekel was adopted as the amount of the Temple tax, although in Nehemiah 10:32–34 the tax is given as a third of a shekel. [2] This is what each one who is registered shall give: half a shekel according to the shekel of the sanctuary (the shekel is twenty gerahs), half a shekel as an offering to the Lord.