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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.
The original shekel, now known as the old shekel, was the currency of the State of Israel between 24 February 1980 and 31 December 1985. Both it and its predecessor, the Israeli pound, experienced frequent devaluations against foreign currencies during the 1960s and 1970s.
The shekel (sheqel in direct transcription) replaced the Israeli pound (Hebrew: לִירָה, lira) in 1980. Its currency symbol was , although it was more commonly notated as ש or IS. It was subdivided into 100 new agorot (אגורות חדשות). It was replaced in 1985 by the new shekel, due to hyperinflation.
The Israeli Old Shekel (ILR) was the currency of Israel between 1980 and 1985. It replaced the Israeli Pound (ILP). The Israeli old Shekel was Israel’s currency only for a short time period. Due to very high inflation, the value of the Old Sheqalim banknotes and coins evaporated quickly, so that ever higher denominations had to be issued.
Most of the others (other than the green 20) are in Shekels (not to be confused with the current currency, which is New Shekels; to differentiate, the old one is also called "Old Shekel"), which ended on 1985. A Shekel is worth 10 Israeli Pound and a New Shekel is worth a thousand Old Shekels, so, your banknotes might be worth something for ...
Detailed information about the coin 1 Sheqel, Israel, with pictures and collection and swap management: mintage, descriptions, metal, weight, size, value and other numismatic data.
11 Αυγ 2018 · Learn all you need to know about money in Israel. What banknotes and coins exist, what can you buy with them, and how can you spot fake ones.
