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: