Old Israeli shekel
| Old Israeli shekel | |
|---|---|
 IS 1000 banknote (obverse and reverse) issued in 1983 | |
| ISO 4217 | |
| Code | ILR |
| Denominations | |
| Subunit | |
| 1⁄100 | new agora |
| Plural | shqalim |
| new agora | new agorot |
| Symbol |  |
| Banknotes | IS 1, IS 5, IS 10, IS 50, IS 100, IS 500, IS 1000, IS 5000, IS 10,000 |
| Coins | 1, 5, 10 new agorot, IS1⁄2, IS 1, IS 5, IS 10, IS 50, IS 100 |
| Demographics | |
| Date of introduction | 24 February 1980 |
| Replaced | Israeli pound |
| Date of withdrawal | 31 December 1985 |
| Replaced by | Israeli new shekel |
| User(s) |  Israel (1980–1985) |
| Issuance | |
| Central bank | Bank of Israel |
| Website | www |
| Valuation | |
| Inflation | 1000% (1984) |
The old Israeli shekel, then known as the shekel (Script error: The function "langx" does not exist., formally sheqel, pl. שקלים, Sheqalim; Script error: The function "langx" does not exist., šēkal, formerly Script error: The function "langx" does not exist., šēqal until 2014; code ILR), was the currency of the State of Israel between 24 February 1980 and 31 December 1985. It was replaced by the Israeli new shekel at a ratio of 1,000:1 on 1 January 1986. The old shekel was short-lived due to its hyperinflation. The old shekel was subdivided into 100 new agorot (אגורות חדשות). The shekel sign was although it was more commonly denominated as S or IS. As of December 2024, this symbol does not exist in Unicode.
The Israeli old shekel replaced the Israeli pound (IL), which had been used until 24 February 1980, at the rate of IS 1 shekel to IL10.
