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The Punic or Carthaginian shekel was typically around 7.2 grams in silver and 7.5 grams in gold (suggesting an exchange rate of 12:1). [6] It was apparently first developed in Sicily during the mid-4th century BC. [3] It was associated with the payment of Carthage's mercenary armies and was repeatedly devalued over the course of each of the ...
The gold and silver coinage were intended to function together as a single system, but the rate of exchange between them is not known for certain. Jenkins and Lewis proposed that in the time of Group II there was a silver:gold ratio of 15:1, in which case one gold shekel in this period would have been equivalent to 25 silver drachmas of this ...
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.
Israeli new shekel, used from 1985 to the present; Old Israeli shekel, used from 1980 to 1985; Israeli pound, used from 1948 to 1980; Shekel, used by the United Monarchy of Israel and the Kingdom of Israel, as well as during the Great Revolt
The old shekel was subdivided into 100 new agorot (אגורות חדשות). The shekel sign was although it was more commonly denominated as S or IS. As of December 2024 this symbol does not exist in Unicode. The Israeli old shekel replaced the Israeli pound (IL), which had been used until 24 February 1980, at the rate of IS 1 shekel to IL10.
The coins were the size of a modern Israeli half-shekel and were issued by Tyre, in that form, between 126 BC and AD 56. Earlier Tyrian coins with the value of a tetradrachm, bearing various inscriptions and images, had been issued from the second half of the fifth century BC.
The law allowed the minister to decide on the date for the change. The law came into effect in February 1980, when the Israeli government introduced the 'Israeli shekel' (now called old Israeli shekel), at a rate of IL 10 = IS 1. On 1 January 1986, the old shekel was replaced by the Israeli new shekel at a ratio of IS 1,000 : ₪1.
5-sol French coin and silver coins – New France Spanish-American coins- unofficial; Playing cards – 1685-1760s, sometimes officially New France; 15 and a 30-deniers coin known as the mousquetaire – early 17th century New France