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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 Israeli pound (לירה ישראלית, "lira yisraelit") was the currency of the State of Israel from June 1952 until it was replaced with the shekel on 24 February 1980. From 1955, after the Bank of Israel was established and took over the duty of issuing banknotes , only the Hebrew name was used, along with the symbol "IL". [ 8 ]
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 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)
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 Empire Neo-Babylonian Empire Achaemenid Empire Classical period Hellenistic Palestine (Seleucus ...
The region today: Israel, the West Bank, the Gaza Strip and the Golan Heights The history of the Israeli–Palestinian conflict traces back to the late 19th century when Zionists sought to establish a homeland for the Jewish people in Ottoman-controlled Palestine, a region roughly corresponding to the Land of Israel in Jewish tradition.
Palestine demographics, 1st century through the Mandate. Figures in thousands, i.e. 100 represents 100,000, 1,000 represents 1,000,000. See also the detailed timeline Year Jews Christians Muslims Total 1st c. Majority – – ~1,250 4th c. Majority Minority – >1st c. 5th c. Minority Majority – >1st c. End 12th c. Minority Minority Majority >225 14th c. Minority Minority Majority 150 1533 ...