Israel - 1,000 Sheqalim - P-49 - 1983 dated Foreign Paper Money

1,000 Sheqalim, P-49. Colorful note! The new Israeli shekel (Hebrew: ?????? ?????? sheqel ?adash; Arabic: ???? ???? š?kal jad?d; sign: ?; ISO code: ILS; abbreviation: NIS), also known as simply the Israeli shekel (Hebrew: ??? ??????, Arabic: ???? ????????), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agorot. 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 (??) and ?adash (??) (new). When the shekel sign is unavailable the abbreviation NIS (??? and ?.?) is used.

The origin of the name "shekel" (??????) 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 the Cave of the Patriarchs in Hebron. Shekel is any of several ancient units of weight or of currency in ancient Israel, from the Hebrew root ?-?-? (š-q-l) meaning 'weigh' (?????? šaqal 'to weigh', ?????? šeqel 'a standard weight'), common with other Semitic languages like Akkadian (resp. šaq?lu and šiqlu) and Aramaic (resp. ?????? teqal and ???????? tiqla). Initially, it may have referred to a weight of barley. In ancient Israel, the shekel was known to be about 180 grains (11 grams or 0.35 troy ounces). Read more at https://en.wikipedia.org/wiki/Israeli_new_shekel

Read More

Read Less