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  1. Copilot Answer
    Overview

    The new Israeli shekel , also known as simply the Israeli shekel (Hebrew: שקל ישראלי, romanized: sheqel yisreʾeli; Arabic: شيكل إسرائيلي, romanized: šēkal ʾisrāʾīlī), is the currency of Israel and is also used as a legal tender in … See more

    History

    The origin of the name "shekel" (שֶׁקֶל) is from the ancient Biblical currency by the same name. An early Biblical reference is Abraham being reported to pay "four hundred shekels of silver" to Ephron the Hittite for … See more

    Coins

    In 1985, coins in denominations of 1 agora, 5 agorot, 10 agorot, ₪1⁄2, and ₪1 were introduced. In 1990, ₪5 coins were introduced, followed by ₪10 coins in 1995. Production of 1 agora pieces ceased in 1990, and t… See more

    Banknotes

    Beginning on 4 September 1985. banknotes are introduced in denominations of ₪5, ₪10, and ₪50. An ₪1 note followed on 8 May 1986 and the ₪100 note issued on 19 August 1986. On 2 April 1988, the ₪20 note is… See more