old Israeli shekel

E946753

The old Israeli shekel was Israel’s official currency in the early 1980s, later replaced by the new Israeli shekel due to high inflation.

All labels observed (1)

Label Occurrences
old Israeli shekel canonical 1

How this entity was disambiguated

Statements (34)

Predicate Object
instanceOf fiat currency
former currency
alsoKnownAs Israeli pound NERFINISHED
category Currencies of Israel
Currencies replaced due to inflation
country Israel
currencySystem decimal
denominationType banknotes
coins
exchangeRateAtReplacement 1000 old Israeli shekels = 1 new Israeli shekel
inflationCharacteristic very high inflation
introduced 24 February 1980
ISO4217Code ILR
ILS NERFINISHED
languageOnCurrency Arabic
English
Hebrew
legalTenderStatus no longer legal tender
localName שקל ישראלי
monetaryAuthority Bank of Israel NERFINISHED
officialName Israeli shekel NERFINISHED
periodOfUseEnd 1985
periodOfUseStart 1980
precededBy Israeli lira NERFINISHED
reasonForReplacement hyperinflation
region Middle East
replacedByCurrency new Israeli shekel NERFINISHED
replacedCurrency Israeli lira NERFINISHED
subunit agora
subunitToUnit 100 agorot = 1 shekel
succeededBy new Israeli shekel NERFINISHED
symbol ש"ח
usedIn State of Israel NERFINISHED
withdrawnFromCirculation 1985

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Israeli lira successorCurrency old Israeli shekel