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The pound or lira (Hebrew: לירה ישראלית Lira Yisra'elit, Arabic: جنيه إسرائيلي Junayh ʾIsrāʾīlī; abbreviation: IL [1] in Latin, ל"י in Hebrew; code ILP) was the currency of the State of Israel from 9 June 1952 until 23 February 1980. The Israeli pound replaced the Palestine pound and was initially pegged at par to ...
The Israeli pound (לירה ישראלית, "lira yisraelit") was the currency of the State of Israel from June 1952 until it was replaced with the shekel on 24 February 1980. From 1955, after the Bank of Israel was established and took over the duty of issuing banknotes , only the Hebrew name was used, along with the symbol "IL". [ 8 ]
Israeli currency may refer to these items: Israeli new shekel, used from 1985 to the present; Old Israeli shekel, used from 1980 to 1985; Israeli pound, used from 1948 to 1980; Shekel, used by the United Monarchy of Israel and the Kingdom of Israel, as well as during the Great Revolt
The name agora refers to the subunits of three distinct Israeli currencies.. This name was used for the first time in 1960, when the Israeli government decided to change the subdivision of the Israeli pound (Hebrew: לירה, lira) from 1,000 prutah to 100 agorot due to the currency's depreciation. [2]
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.
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The 2,000-pound bombs feature prominently in attacks on the perimeter of Gaza City, the epicenter of the Israeli military operation in October and much of November.
The first currency used in Israel was the Anglo Palestine Pound which was in use between 1948 - 1951 and that was followed by Bank Leumi Le Israel up until 1955 when it was replaced by the Lira.. The Lira was used up until 1980 when the Shekel was introduced and in 1985 as a result if high inflation they changed to the New Shekel which allowed ...