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The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ₪ is a combination of the first Hebrew letters of the words shekel (ש ) and ẖadash (ח ) (new). When the shekel sign is unavailable the abbreviation NIS (ש״ח and ش.ج) is used.
The word shekel is based on the triliteral Proto-Semitic root ṯql, cognate to the Akkadian šiqlu or siqlu, a unit of weight equivalent to the Sumerian gin2. [1] Use of the word was first attested in c. 2150 BC under the reign of Naram-Sin of Akkad, and later in c. 1700 BC in the Code of Hammurabi. The Hebrew reflex of the root šql is found ...
The old Israeli shekel, , in circulation between 1980 and 1985, had a different symbol, which was officially announced on 18 March 1980. [3] Before the introduction of the old shekel in 1980, there was no special symbol for the Israeli currency. It was a stylized Shin shaped like a cradle (i.e. rounded and opening upward).
There are coins of 10 and 50 agorot, though the 50 agorot coin bears the inscription: "1 ⁄ 2 New Shekel". The 1 agora coin was withdrawn from circulation on April 1, 1991 by the Bank of Israel, [3] as was the 5 agorot coin on January 1, 2008; in each case the value had shrunk to much less than the cost of production.
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. It was replaced by the Israeli new shekel at a ratio of 1,000:1 ...
The coins were the size of a modern Israeli half-shekel and were issued by Tyre, in that form, between 126 BC and AD 56. Earlier Tyrian coins with the value of a tetradrachm, bearing various inscriptions and images, had been issued from the second half of the fifth century BC.
The current ₪20 in circulation is the Series B issued from 1999, it measures 71 x 138 mm with a green color scheme. The ₪20 Series A bank notes were issued from 1988 to 1999 and measured 76 x 138 mm with a dark gray scheme. The ₪20 Series A bank notes were withdrawn from circulation by 2005.
Series C: 23 November 2017. Reverse. Design. A group of gazelles; Segment from the poem: White days. Designer. Ms. Osnat Eshel. The one hundred new shekel note (₪100) is a banknote of the Israeli new shekel, It was first issued in Series A 1986, with the Series B in 1999 and Series C in 2017. [1][2]