Israeli Old Sheqalim
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The Israeli Old Shekel (ILR) was the currency of Israel between 1980 and 1985. It replaced the Israeli Pound (ILP). The Israeli old Shekel was Israel’s currency only for a short time period. Due to very high inflation, the value of the Old Sheqalim banknotes and coins evaporated quickly, so that ever higher denominations had to be issued.
In 1985 the Bank of Israel dropped three zeroes from the banknotes and relaunched the national currency. The Old Shekel was replaced by the New Shekel at a rate of 1000 old sheqalim to 1 new shekel (ILS).
We exchange all Old Israeli Sheqalim banknotes to cash. In addition, Old Israeli Shekel coins will soon be added on this page as well. To exchange your Israeli Old Sheqalim, select the type of ILR you want to exchange:
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10,000 Israeli Old Shekel banknote (1978 to 1984 issue)
Due to hyperinflation, the Old Israeli Shekel quickly lost most of its purchasing power and the Bank of Israel had to issue banknotes of ever higher denominations. This banknote of 10,000 Israeli Old Sheqalim was the latest banknote issued, in 1984, before the Israeli Old Shekel was replaced by the New Shekel at a rate … ContinuedYou get: £0.157801 ILR = £0.0000157800 -
5,000 Israeli Old Shekel banknote (1978 to 1984 issue)
As a result of very high inflation, Israel replaced it national currency in 1985. This banknote of 5,000 old sheqalim was replaced by the similarly designed 5 new sheqalim banknote: Three zeroes were dropped. Both notes feature the portrait of Levi Eshkol, Israel’s third Prime Minister. On the back side of the 5,000 old shekel … ContinuedYou get: £0.078901 ILR = £0.0000157800 -
1,000 Israeli Old Shekel banknote (1978 to 1984 issue)
Israel replaced this banknote of 1000 Old Shekels with a note of 1 New Shekel, dropping three zeroes. This was a result of hyperinflation in Israel in the mid-1980’s. Both the Old Shekel and New Shekel banknote feature the portrait of Rabbi Moses ben Maimon, also known as Maimonides. On the back side of the … ContinuedYou get: £0.020001 ILR = £0.0000200000 -
500 Israeli Old Shekel banknote (1978 to 1984 issue)
The 500 old Israeli Shekel note was the first banknote issued with the new standardized measurements of 138mm by 76mm. The banknotes of 1000, 5000 and 10,000 Sheqalim issued in the years after all had the same size. On the portrait of the IS500 bill is Baron Edmond de Rothschild, the banker who helped finance … ContinuedYou get: £0.020001 ILR = £0.0000400000 -
100 Israeli Old Shekel banknote (1978 to 1984 issue)
The red-brown coloured banknote of 100 Old Israeli Sheqalim has a portrait of Jewish poet Ze’ev Jabotinsky on the obverse side. The reverse side of the Bank of Israel’s 100 ILR banknote from 1979 shows Herod’s gate in Jerusalem’s Old City.You get: £0.020001 ILR = £0.0002000000 -
50 Israeli Old Shekel banknote (1978 to 1984 issue)
The State of Israel’s primary national founder, David Ben-Gurion is pictured on the banknote of 50 Israeli Old Sheqalim from 1978. In the background is a view on the kibbutz of Sde Boker in the Negev desert. On the background of the Bank of Israel’s 50 old shekel bill is an image of Golden Gate, … ContinuedYou get: £0.020001 ILR = £0.0004000000 -
10 Israeli Old Shekel banknote (1978 to 1984 issue)
On the banknote of 10 Israeli Old Shekel, Theodor Herzl stands in front of the entrance to Mount Herzl. Herzl was the founder of the Zionist Organization. On the back side of the 1978-dated 10 old sheqalim bill is a view on Zion Gate, also known as the Gate to the Jewish Quarter.You get: £0.020001 ILR = £0.0020000000 -
5 Israeli Old Shekel banknote (1978 to 1984 issue)
On the obverse side of the Bank of Israel 5 Old Shekel banknote is the image of Israel’s first President Chaim Zeizmann and the Weizmann Institute of Science named after him. The reverse side of the green-coloured five Old Sheqalim bill from 1978 shows Damascus Gate, the only gate to Jerusalem Old City that kept … ContinuedYou get: £0.020001 ILR = £0.0040000000 -
1 Israeli Old Shekel banknote (1978 to 1984 issue)
The banknote of 1 Old Israeli Sheqel features the portrait of financier and banker Sir Moses Haim Montefiore and the windmill in Jerusalem that was named after him. On the back side of this 1978-dated 1 old shekel bill is an image of Jerusalem’s old city wall and 16th century Jaffa Gate.You get: £0.020001 ILR = £0.0200000000