The pound or lira was the currency of the State of Israel from 9 June 1952 until 23 February 1980. The Israeli pound replaced the Palestine pound and was initially pegged at par to £1 sterling. It was replaced by the shekel on 24 February 1980, at the rate of IS 1 = IL 10, which was in turn replaced by the new shekel in 1985.
IL 500 note (obverse and reverse) issued in 1975
A passbook issued before the official adoption of prutot, and denominated in pounds and mils
Image: 10 Pruta aluminium hatashyab RJP
Image: 1 Agora hatashlad RJP
The Palestine pound was the currency of the British Mandate of Palestine from 1 November 1927 to 14 May 1948, and of the State of Israel between 15 May 1948 and 23 June 1952, when it was replaced with the Israeli pound.
A 1939 one Palestine pound note
A 500 mil (£P1⁄2) note issued by the Anglo-Palestine Bank in Tel Aviv in 1948.
Image: PSE 1m
Image: PSE 2m