Old Israeli shekel
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שקל Template:He icon شيقل Template:Ar icon | |
---|---|
Unit | |
Plural | sheqalim (unofficially shkalim) |
Symbol | |
Denominations | |
Subunit | |
1/100 | new agora |
Plural | |
new agora | new agorot |
Banknotes | 1, 5, 10, 50, 100, 200, 500, 1000, 5000, 10,000 sheqalim |
Coins | 1, 5, 10 new agorot, ½, 1, 5, 10, 50, 100 sheqalim |
Demographics | |
User(s) | Israel |
Issuance | |
Central bank | Bank of Israel |
Website | www.bankisrael.gov.il |
The sheqel (Hebrew: שקל, plural sheqalim, שקלים) was the currency of Israel between February 24, 1980 and December 31, 1985. The sheqel was subdivided into 100 new agorot (אגורות חדשות). The sheqel sign was "".
History
The sheqel replaced the lira at a rate of 1 sheqel = 10 lira. After suffering from high inflation, the sheqel was replaced by the new sheqel in a process started in September 1985 at a rate of 1 new sheqel = 1000 "old" sheqalim.
Coins
In 1980, coins were introduced in denominations of 1, 5, and 10 new agorot and ½ sheqel. 1 sheqel coins were introduced in 1981, followed by 5 and 10 sheqalim pieces in 1982. In 1984, 50 and 100 sheqalim coins were introduced.
Banknotes
In 1980, banknotes were introduced in denominations of 1, 5, 10, 50 and 100 sheqalim. 500 sheqalim notes were added in 1982, followed by 1000 sheqalim notes in 1983 and 5000 and 10,000 sheqalim notes in 1984.
References
- Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.