Old Israeli Shekel
The old shekel (Hebrew: שקל, plural שקלים shekalim; Arabic: شيقل šīqal) was the currency of the State of Israel between 24 February 1980 and 31 December 1985 until replaced by the Israeli new shekel at a ratio of 1000:1 on 1 January 1986. The old shekel was short-lived due to the high rates of inflation in Israel at the time. The old shekel was subdivided into 100 new agorot (אגורות חדשות). The shekel sign was . The Israeli lira was used until 24 February 1980.
Read more about Old Israeli Shekel: History, Coins, Banknotes
Famous quotes containing the word israeli:
“Both gossip and joking are intrinsically valuable activities. Both are essentially social activities that strengthen interpersonal bonds—we do not tell jokes and gossip to ourselves. As popular activities that evade social restrictions, they often refer to topics that are inaccessible to serious public discussion. Gossip and joking often appear together: when we gossip we usually tell jokes and when we are joking we often gossip as well.”
—Aaron Ben-Ze’Ev, Israeli philosopher. “The Vindication of Gossip,” Good Gossip, University Press of Kansas (1994)