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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 ]
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
In the Israelite system, the ratio of the giru to the shekel was altered, and the talent, mina, and giru, later went by the names kikkar (ככר), litra, and gerah (גרה), respectively; litra being the Greek form of the Latin libra, meaning pound. [9] [40] The Israelite system was thus as follows: 1 shekel = 20 gerah; 1 litra = 60 shekels; 1 ...
The Israeli pound retained the Palestine pound's sterling peg. In August 1948, new banknotes were issued by the London-based Anglo-Palestine Bank, owned by the Jewish Agency. The new coins were the first to bear the new state's name, and the banknotes had "The Anglo-Palestine Bank Limited" written on them. While the first coins minted by Israel ...
In 1980 the Israeli pound was replaced by the shekel at a rate of IL10 per IS 1. 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 old Israeli shekel, then known as the shekel (Hebrew: שקל, formally sheqel, pl. שקלים , Sheqalim ; Arabic : شيكل , šēkal, formerly Arabic : شيقل , šēqal until 2014; code ILR), was the currency of the State of Israel between 24 February 1980 and 31 December 1985.
Israel’s TV writers are fighting back against disinformation with comedy. Earlier this week satirical show “Eretz Nehederet,” the Israeli version of “Saturday Night Live,” broadcast a ...
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