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Israeli sheqel
From Wikipedia, the free encyclopedia
| Israeli sheqel שקל (Hebrew) |
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| User(s) | Israel | ||
|---|---|---|---|
| Subunit | |||
| 1/100 | new agora | ||
| Plural | sheqalim | ||
| new agora | new agorot | ||
| Coins | 1, 5, 10 new agorot, ½, 1, 5, 10, 50, 100 sheqalim | ||
| Banknotes | 1, 5, 10, 50, 100, 200, 500, 1000, 5000, 10,000 sheqalim | ||
| Central bank | Bank of Israel | ||
| Website | www.bankisrael.gov.il | ||
The sheqel (Hebrew: שקל, plural sheqalim, שקלים) was the currency of Israel between 1980 and 1985. The sheqel was subdivided into 100 new agorot (אגורות חדשות).
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 1985 at a rate of 1 new sheqel = 1000 "old" sheqalim.
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.
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.
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