Israeli new shekel

1 EUR = 4.7988 ILS 1 ILS = 0.20839 EUR

1 CHF = 3.9222 ILS 1 ILS = 0.25496 CHF

The shekel is the currency of Israel, which is legal in the Palestinian territories, the Gaza Strip and parts of the West Bank payment.

The English name is New Israeli Sheqel, abbreviated as NIS. The Hebrew name שקל חדש ( shekels Chadash - New Shekel ). Usually, it will be abbreviated with ש"ח ( chess ). The symbol for the NIS is ₪, a combination of the first Hebrew letters for the words shekel ( ש ) and Hadash ( ח ). The plural form is for שקל שקלים ( schkalim, shqalim ).

Shekel in weight

Shekel is a front asian weight measure. Gold, silver, copper and tin pieces were weighed in shekels and served as a means of payment. In Carthage, the shekel was a sub-unit of talent.

Shekel is also reminiscent of the Hebrew word for weight Mischkal is. The word shekel appeared several times in the Torah in terms of monetary (business) transactions to, earned about as Abraham a plot for his wife's funeral for 400 shekels, or in relation to the control of a half-shekel of the sanctuary.

See also: History of weights and measures

Others

Shekels, also referred to the policies established by the first Zionist Congress in 1897 annual membership fee for the Zionist organization.

Currency and history

The New Israeli Shekel was introduced on 4 September 1985 and replaced the old shekel 1:1000. This had replaced the Israeli pound until 1:10 on February 24, 1980. These measures were necessary because of the high inflation in the 1980s.

There are banknotes of 20, 50, 100, and 200 NIS. Originally, there were also 1 -, 5 - and 10 - NIS notes. These were replaced by coins over time. Shortly after the assassination of Rabin, there were plans to bring out a 500 NIS note with his portrait, because of the low rate of inflation is not needed currently and for the foreseeable future, such a bill. The shekel is divided into 100 Agorot (singular: Agora, Hebrew אגורה ). There are coins of 10 Agorot, ½, 1, 2, 5 and 10 shekels. The 1- agora coin was taken out of circulation in 1991, the 5 - Agorot coin was also set on 1 January 2008 except price. The 50 - shekel note should be provided in the future with a portrait of longtime Jerusalem mayor Teddy Kollek.

Bills

Pictures:

1 shekel ( back)

2 shekels

5 shekels

10 shekels