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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.
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; Shekel, used by the United Monarchy of Israel and the Kingdom of Israel, as well as during the Great Revolt
The old Israeli shekel, , in circulation between 1980 and 1985, had a different symbol, which was officially announced on 18 March 1980. [3] Before the introduction of the old shekel in 1980, there was no special symbol for the Israeli currency. It was a stylized Shin shaped like a cradle (i.e. rounded and opening upward).
A month on from the Oct. 7 attack by Hamas gunmen that killed 1,400 Israelis, investors are gradually returning to country's financial markets, warily accepting the descent into its worst security ...
Israel's shekel dropped to its lowest level in more than three years on Thursday amid concerns that a judicial crisis besetting the country was deepening, with compromise efforts stalled and a key ...
Israel's central bank said on Monday it had received public support for its plans to possibly issue a digital shekel on grounds it would help the economy by supporting innovation in the payments ...
Israeli new shekel; Old Israeli shekel; Y. Yehud coinage This page was last edited on 18 January 2020, at 19:03 (UTC). Text is available under the Creative ...
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